© CTI Logistics Limited 2015
CTI Logistics Limited (CTI) Continuous Disclosure Policy (Disclosure Policy) aims to ensure that:
The Policy reflects CTI’s responsibility to comply with the disclosure requirements of the Australian Securities Exchange (ASX) and is reviewed regularly to reflect any changes in legislative or regulatory requirements and best practice.
This Policy is published on the CTI website www.ctilogistics.com.
CTI will immediately notify the market of any price-sensitive information concerning CTI in accordance with legislative and regulatory disclosure requirements.
Information will be price-sensitive if a reasonable person would expect that information to have a material effect on the price of CTI’s shares, by influencing investors in deciding whether to buy, hold or sell those shares.
Price sensitive information will be disclosed in the first instance to the ASX and copies of these disclosures will then be posted on CTI’s website. Information provided to ASX will not be released to other parties until the Company receives formal confirmation of release from ASX. The Company Secretary is responsible for confirming that ASX confirmation has been received.
In accordance with ASX listing Rule 3.1, CTI is not required to disclose price-sensitive information concerning the Company if:
The Chairman and the Joint Managing Directors are designated by CTI as the Disclosure Officers of the Company.
Disclosure Officers are the only persons authorised to make disclosures of price-sensitive information regarding CTI. They also have responsibility for reviewing proposed disclosures and making decisions in relation to what information can or should be disclosed to the market.
All CTI employees and contractors are required to inform a Disclosure Officer of any information they consider could potentially be price-sensitive as soon as they become aware of it.
Disclosure Officers and the Company Secretary are the only persons authorised by the Company to:
CTI will not respond to market speculation or rumours unless required to do so by the ASX or for legal reasons.
CTI does not endorse or approve any externally prepared information (including profit forecasts) pertaining to CTI which has been compiled and published by any analyst or investor and requests the publishers of such information to include a disclaimer to this effect.
Requests for information from individual analysts or investors will be responded to by reference to this Policy.
Forecasts and budgets are generated for internal management purposes and will not be disclosed externally except:
CTI may request a trading halt from the ASX in order to ensure orderly trading in CTI securities. The Board of Directors or a minimum of two Disclosure Officers must approve a request for a trading halt.
Employees are required to strictly comply with the Information Disclosure Policy and breaches will be subject to disciplinary action.