Insider Trading Policy | Ayala

Insider Trading Policy

Governance  > Business Conduct & Ethics > Insider Trading Policy

All directors, key officers, employees, consultants, advisers of the Corporation and members of the immediate families of directors and key officers who are living in the same household as the directors and key officers (the “Covered Persons”), who have knowledge of material information about the Corporation that is not disclosed or generally available to the public, shall, from the time they obtained knowledge of such material non-public information:

  1. Not trade in the Corporation’s securities. directly or indirectly; and
  2. Not communicate, directly or indirectly, such material non-public information to any person.

until the material non-public information is disseminated to the public and two (2) trading days have lapsed from the disclosure thereof for the market to absorb such information.


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