JamwolfDIRECTORS' BUYING - reposted from PXUPA thread.Maybe the...

  1. 478 Posts.
    Jamwolf

    DIRECTORS' BUYING - reposted from PXUPA thread.

    Maybe the management is actually attending to running of the business.

    Let's not let emotion get in the way of facts. Directors are presently prohibited from buying. Refer

    http://www.paperlinx.com/Resources/Corporate_Governance/Transacting_in_Company_Securities-6-Jan-2011.pdf



    Specified Trading Restriction ("Blackout Periods")
    During certain times of the year (called "blackout period"), Eligible Executives of the PaperlinX Group are not permitted to buy, sell or otherwise trade or deal in the Company's securities (including to exercise vested performance rights or vested performance options).
    The following periods are designated as blackout periods:-

    1 June until the day following the announcement of the full year results;

    1 month prior to announcement of the half yearly results; and

    Any other periods advised by the Board.
 
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