Australian Foundation Investment Co. Ltd. (AU:AFI) has released an update.
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Australian Foundation Investment Co. Ltd. has updated its Securities Dealing Policy, emphasizing strict guidelines for Key Management Personnel (KMP) and their closely connected entities. The policy prohibits KMP from trading the company’s securities based on insider information, during specific prohibited periods, and for short-term gains. Additionally, the policy forbids using company securities for margin loans and engaging in short-selling, ensuring that dealings are for investment purposes only.
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