Gentrack disclosure is warning to other listed companies, FMA's Everett says

Sun, 07 Sep 2014

By Suze Metherell Sept. 8 (BusinessDesk) - Rob Everett, head of the Financial Markets Authority, is warning listed-companies not to skirt continuous disclosure rules in light of recent complaints about Gentrack Group and Lyttelton Port Co, and has urged investors to manage risk as the stock market trades at record highs. The regulator is looking closely at the disclosure of price sensitive information, particularly around private analyst briefings, Everett told the New Zealand Shareholders’ Association annual general meeting and investor...

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