Black-out periods
The Company and persons subject to the General Black-out Periods, as defined in the SoftwareOne Internal Regulations against Insider Trading, which are published on the Company’s intranet, are not permitted to trade in SoftwareOne securities during the following General Black-out Periods:
- from December 31 until the lapse of one SIX trading day following the public release of the Company’s annual results;
- from March 31 until the lapse of one SIX trading day following the public release of the Company's quarterly trading update for the first quarter
- from June 30 until the lapse of one SIX trading day following the public release of the Company's semi-annual results; and
- from September 30 until the lapse of one SIX trading day following the public release of the Company's quarterly trading update for the third quarter.
According to the Internal Regulations against Insider Trading, General Black-out Periods apply to all Primary Insiders, which includes the following:
- members and the secretary of the Board of Directors;
- members and the secretary of the Executive Board;
- personal assistants of members of the Board of Directors and the Executive Board;
- any other person, who knows of or has access to accounting, finance and controlling data of the group during a General Black-out Period; and,
- senior executives with regular access to inside information and key managerial powers.
Primary Insiders must also abstain from trading in securities of the Company for account of Close Associates, such as close family members as well as companies, trusts or partnerships in which Primary Insiders hold a material interest.
In addition, Special Black-out Periods, as defined in the Internal Regulations against Insider Trading, may be introduced at any time, during which trading in SoftwareOne securities by persons subject to the Special Blackout Period is prohibited, irrespective of whether such persons are in possession of insider information. Special Blackout Periods may be imposed, inter alia, in connection with potential material transactions or where required for regulatory or other compliance purposes.
No Special Black-out Periods were introduced in 2025.