RPM 1.41% 7.0¢ rpm automotive group limited

timely and balanced disclosure

  1. 9,209 Posts.
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    Section of Annual report released some 12 days ago they took the time to include this in the annual report on page 32 but do not bother with some follow through informing the market of or lack of farm in.



    5. TIMELY AND BALANCED DISCLOSURE
    5(a) Shareholder communication
    The Company believes that all shareholders should have equal and timely access to material information about the Company including its financial situation, performance, ownership and governance. The Company?s “ASX Disclosure Policy” encourages effective communication with its shareholders by requiring that Company announcements:
    ? be factual and subject to internal vetting and authorisation before issue;
    ? be made in a timely manner;
    ? not omit material information;
    ? be expressed in a clear and objective manner to allow investors to assess the impact of the information when making investment decisions;
    ? be in compliance with ASX Listing Rules continuous disclosure requirements; and
    ? be placed on the Company?s website promptly following release.
    Shareholders are encouraged to participate in general meetings. Copies of addresses by the Chairman or Managing Director are disclosed to the market and posted on the Company?s website. The Company?s external auditor attends the Company?s annual general meeting to answer shareholder questions about the conduct of the audit, the preparation and content of the audit report, the accounting policies adopted by the Company and the independence of the auditor in relation to the conduct of the audit.

    5(b) Continuous disclosure policy
    The Company is committed to ensuring that shareholders and the market are provided with full and timely information and that all stakeholders have equal opportunities to receive externally available information issued by the Company. The Company?s “ASX Disclosure Policy” described in 5(a) reinforces the Company?s commitment to continuous disclosure and outline management?s accountabilities and the processes to be followed for ensuring compliance.
    The policy also contains guidelines on information that may be price sensitive. The Company Secretary has been nominated as the person responsible for communications with the ASX. This role includes responsibility for ensuring compliance with the continuous
 
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