Policy on bilateral contacts
We keep in touch with investors, other capital providers, and their intermediaries, so that they can develop a clear understanding of our company’s strategy, activities, historical performance and outlook for the future. We do this in accordance with Dutch law, the Dutch Corporate Governance Code and the requirements of Euronext.
This policy on bilateral contacts (as referred to in best practice provision 4.2.2. of the Dutch Corporate Governance Code) should be read in conjunction with our stakeholder engagement policy (as referred to in best practice provision 1.1.5 of the Dutch Corporate Governance Code).
Inside information disseminated via a press release
We immediately publish any inside information via press releases. That is, unless we are allowed to delay the disclosure in line with Dutch law, the Dutch Corporate Governance Code and the requirements of Euronext. This only happens when we meet a set of strict requirements.
Distribution of information
Individual contacts with investors and analysts are maintained via one-on-one meetings, presentations (roadshows) and conference calls. During these meetings, information that is already in the public domain is presented and discussed. Information that is not yet in the public domain but has not been qualified as inside information may also be provided if this helps to increase the recipients’ understanding of Fugro. Such information is factual and not of speculative nature.
General guiding principles
A dialogue with investors outside the context of shareholder meetings can be useful to both investors and Fugro.
Where considered appropriate and in the best interest of the company, the company is prepared to enter into a dialogue with shareholders, or parties representing shareholders.
In principle, contacts are conducted by the CEO and/or CFO, accompanied by the Director Investor Relations. The Director Investor Relations may also hold meetings on a one-one basis.
We may share information that is not publicly available and has not been classified as inside information, but only if this helps the other party better understand Fugro’s business and activities. This information is always factual and never speculative.
We do not comment on market rumours.
In the ‘closed’ or ‘silent’ periods before we publish financial results (see below), we will not participate in bilateral meetings with investors and analysts, nor present at investor conferences.
Responses to (draft) analyst reports (third party publications such as, for example, proxy report) are based on public information only.
If a dialogue is to be entered into with a shareholder outside the context of a general meeting, the company can request the shareholder to disclose its full share position (long and short and through derivatives) before entering into such dialogue.
Investor contacts
Our CFO is responsible for investor relations. The designated spokespersons for investor relations are the Director Investor Relations, CFO, and CEO.
Closed or 'silent' periods
Closed, or ‘silent’, periods are the periods prior to the publication of financial results. During these periods, we will not participate in bilateral meetings with investors and analysts, nor present at investor conferences. Exceptions may apply, for example if communication relates to factual clarifications of previously disclosed information.
Our closed, or ‘silent’ periods are:
6 weeks before we publish the results of our full year
4 weeks before we publish our half-yearly results
3 weeks before our Q1 and Q3 trading updates
Share performance
See our share price graph or use our historic calcluator