Disclosure policy
General information
As a bond listed company, the company complies in its communications and disclosure of information with the rules and recommendations of Nasdaq Helsinki, the provisions of the Finnish Companies Act (624/2006, as amended), the Securities Markets Act (746/2012, as amended) (‘SMA’), and other applicable legislation, the provisions of the EU Market Abuse Regulation (‘MAR’) and subordinate legislation issued thereunder, as well as the guidelines of the European Securities and Markets Authority and the Finnish Financial Supervisory Authority, and other applicable regulations.
The primary objective of the disclosure policy is to ensure that all market participants have simultaneous and timely access to material and sufficient information for determining the value of the company’s bond. The disclosure policy is approved by the company’s Board of Directors. The disclosure policy is reviewed and updated as necessary.
In accordance with the Securities Markets Act (SMA), the company must disclose its financial statements and the report of the Board of Directors, together with the related auditor’s report.
The company publishes the following financial reports in accordance with the regular disclosure obligations defined in the Securities Markets Act, the guidelines of the Financial Supervisory Authority, and the rules of Nasdaq Helsinki:
- Business Review (for January–March and January–September)
- Half-Year Report
- Financial Statements Bulletin
- Financial Statements and Report of the Board of Directors (as part of the annual report)
Information about the company’s financial position and other material matters related to its operations and operating environment is primarily disclosed in business reviews, half-year reports, and financial statements bulletins.
The company publishes its financial reports according to a pre-announced schedule. The publication dates for the upcoming financial year are announced before the end of the previous financial year. KoskiRent’s annual report is published on the company’s website no later than three weeks before the Annual General Meeting.
Releases published by KoskiRent
The Company’s releases are divided into two categories: stock exchange releases and press releases.
The Company discloses, via stock exchange releases, information and reports required under its periodic disclosure obligations, inside information, and other matters that must be disclosed under the rules of Nasdaq Helsinki.
The company uses press releases to announce business-related events that do not meet the criteria for a stock exchange release but are considered newsworthy or otherwise of interest to the company’s stakeholders.
Stock exchange releases are submitted simultaneously to Nasdaq Helsinki and major media outlets and published on the company’s website at www.modulo.fi/investors.
The company’s stock exchange and press releases are available on its investor website immediately after publication. All releases are published in English.
Responsibilities
The CEO is responsible for the company’s investor relations and investor communications. The CEO and/or the CFO participate in investor and analyst meetings, and other representatives of the company may also attend upon request. No undisclosed information that could materially affect the value of the company’s bond is presented during these meetings.
The Board of Directors approves the stock exchange releases concerning financial statements, quarterly reports, and half-year reports. Other stock exchange and press releases are approved for publication by the CEO. In the CEO’s absence, the CFO grants the approval for publication.
The CFO is responsible for ensuring compliance with the disclosure policy.
Silent period
KoskiRent observes a silent period in its communications, which begins 30 days prior to the publication of the financial statements release, quarterly reports and half-year report. During the silent period, KoskiRent does not comment on the Company’s financial situation, markets, or future outlook, nor does it meet with representatives of capital markets or the media.