Insider trading

Persons whose position gives them insider status in Swedbank shall - over and above the general prohibition on all employees in all situations using insider information for the purchase and sale of Financial instruments - generally only be permitted to trade in shares, share options and depository receipts in Swedbank within a period of three weeks after the Annual and Interim accounts are published.

Who is classified an insider?

The term “persons whose position gives them insider status in Swedbank” refers to all members of the Board of Directors, the President, Vice Presidents, all members of the Group management, the bank’s external auditors, the head of Internal Auditing, the Board secretaries, the Information Director, the head of Investor relations, the head of the Group Controller Unit, and the head of the Group’s risk management. The bank also imposes its own requirements on certain employees to report their transactions in respect of financial instruments, and those of persons related to them, to a central unit.

Regulations for insiders

Persons whose position gives them insider status in Swedbank shall declare their own holdings of shares in and receivables from Swedbank, and those of persons related to them, to the material information register maintained by the Swedish Financial Supervisory Authority. A statutory prohibition on short-term trading applies to certain persons whose position gives them insider status in Swedbank, whereby shares in Swedbank may not be sold at a profit until three months have passed since their date of purchase.