Summary of Share Trading Policy
Biota's directors, employees and consultants ( including immediate family members) are not permitted to buy or sell the Company's shares if they have material information that is not generally available to the market.
Information is generally considered material if it would be relevant to an investor making a decision about buying or selling Biota's shares, and would include:
- Financial results;
- Projections of future earnings or losses;
- Project results;
- News of a pending agreement of a joint venture or disposition of a project;
- Dividend policy changes;
- Stock splits;
- New equity or placements; and
- Significant litigation exposure or major changes in senior management.
Biota's directors, employees and consultants are not permitted to trade Biota shares during black-out periods. ie between a financial reporting period and / or 24 hours after the appropriate Market Release.