CAPITAL MARKETS | Assonime on periodic disclosure requirements of listed companies and delisting

On 28 June 2024, Assonime issued its Case No. 4/2024 regarding when the periodic disclosure obligations on issuers – which include publication of the Annual Financial Report, the Half-Yearly Financial Report and the Corporate Governance Report – cease on companies exiting the market. Since the requirement for the obligations must be verified when they are due, a company will not be required to publish such periodic disclosure documents if, at the prescribed deadline for compliance, it no longer falls into the category of a listed company due to a delisting.

Newsletter n. 98 – July 2024