The purpose of TrygVesta’s IR policy is to set the overall guidelines on how we communicate with investors, analysts, and other IR stakeholders. We focus on clear and open communication and place great emphasis on dialog and use of www.trygvesta.com. Thereby we strive to ensure that stakeholders can obtain an accurate understanding of TrygVesta’s financial and strategic performance, opportunities and risks as well as thorough information about the markets we operate in. Thus, we stress being:
- easily accessible for answering questions
- proactive towards IR stakeholders when needed
- open about opportunities as well as challenges
TrygVesta complies, at all times, with the disclosure regulation for listed companies on the OMX Nordic Exchange Copenhagen; www.omxgroup.com. Furthermore, the IR department relays information from IR stakeholders to TrygVesta’s Executive Management.
IR principles of communication
TrygVesta publishes all stock price sensitive information as legally required and subsequently releases the information on our website and via distribution systems. Non stock price sensitive information is also made available on our website. TrygVesta’s stock price sensitive information is published as follows:
- annual report and with release of specific outlook for the coming year
- quarterly reports with update of outlook given in the latest financial release
- M&A related releases including financial impact on outlook for activities with an impact greater than 2% of annual results
- new contracts with customers worth more than 2% of annual gross premiums claims at a size of more than 2% of annual gross premiums
- one-time events, excluding financial markets volatility impact on the investment result, which changes the latest published outlook by more than 10%
In addition to written communication, we engage in open dialog through webcasts, conference calls and investor meetings at our premises as well as investor meetings with analysts and institutional investors at their premises. When invited, we participate in conferences and meetings arranged for private investors, primarily in Denmark and Norway. We also host a Capital Markets Day every 1-2 years as needed, where representatives from TrygVesta present a broader picture of one or more specific activities and where analysts and institutional investors are invited.
TrygVesta’s IR department is always available for answering questions and clarifying information by phone or e-mail. Contact details can be found on www.trygvesta.com/ircontacts. Questions are answered to the extent that they do not require disclosure of non-public information, conflict with considerations of competitiveness or could otherwise damage TrygVesta.
Silent period
For a period of three weeks prior to the planned release of full year and quarterly financial reports, we do not comment on matters related to financial results or expectations (the silent period).
Choosing roadshow partners
For group meetings and 1-2-1 meetings with institutional investors, we use the following principles for selecting a partnering investment bank:
- the bank analysts must have a good understanding of TrygVesta and follow TrygVesta closely
- the bank’s sales force must have close contact and good relations with the relevant institutional investors for TrygVesta
- the institutional investors that we are in contact with must have a favourable impression of the bank, which supports no. 1 and 2
Annual General Meeting
The Annual General Meeting of shareholders is TrygVesta’s highest governing and decision-making body, at which shareholders can make statements, ask questions to the Executive Management and the Supervisory Board as well as exercise influence by voting on the issues on the agenda.
Approval
The IR policy has been approved by the Supervisory Board on 5 May 2008.
Last update: 27 May 2008