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Ann: Change of Directors Interest - Appendix 3Y , page-5

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  1. 12,191 Posts.
    lightbulb Created with Sketch. 1304
    re: Ann: Change of Directors Interest - Appen... This HOA date is known for a while now, so it is a different story....

    the Director cannot knowingly buy before a "GOOD" announcement or sell before a "BAD" announcement knowingly....if he has done that as a matter of co-incidence then he gets a benefit of doubt...

    the timeframe is still 15 days...

    this is from what I r'ber reading about it a couple of years ago...not exact words but this is the gist of it as I r'bered...
 
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