The SWX Swiss Exchange has concluded its preliminary enquiries into Unaxis Holding Ltd. on the grounds of a possible breach of the rules on the disclosure of management transactions.
In May 2006, the SWX Swiss Exchange announced that it had commenced preliminary enquiries into Unaxis Holding Ltd. on the grounds of a possible breach of Art. 74a of the Listing Rules. These preliminary enquiries did not confirm a breach of Art. 74a of the Listing Rules (disclosure of management transactions) by the company.
The SWX Swiss Exchange has therefore halted its preliminary enquiries into Unaxis Holding Ltd. There will be no formal investigation.
Art. 74a of the Listing Rules and the Directive on the Disclosure of Management Transactions states that all transactions which are conducted by an individual member of an issuer's board of directors or senior management and which together exceed the threshold value of CHF 100,000 per calendar month must be reported by the issuer to the SWX Swiss Exchange within two days of the issuer itself having received notification. These issuer notices are published by the SWX Swiss Exchange at http://www.swx.com/admission/being_public/mtrans/publication_en.html.
Further information on the provisions concerning the disclosure of management transactions can be found at: http://www.swx.com/admission/being_public/management_transactions_en.html
