Following the listing of a financial instrument on the regulated market, the issuer is required to disclose regulated and inside information, in accordance with the provisions of the Capital Market Act (CMA), Regulation (EU) No 596/2014 and other regulations and the Exchange Rules. The issuer shall disclose to the public any information which is subject to the obligation of mandatory public disclosure, under the provisions of the CMA, Regulation (EU) No 596/2014 and other regulations in the content and time frame specified in such regulations. Likewise, any information which is subject to the mandatory public disclosure obligation under the Exchange Rules must be disclosed by the issuer to the public in the form, content, manner and time frame specified in the Progress Market Rules and Regulations.
Further information about disclosure requirements can be found at Croatian Financial Services Supervisory Agency.
- Shares
An issuer of shares that have been admitted to trading on the Progress Market shall disclose to the public:
- information on any changes in relation to the rights attaching to the shares which may arise following their admission to trading – without delay;
- notice of the AGM, including an invitation to the AGM with the agenda and proposals of resolutions to be adopted there – within the time limits laid down in the Companies Act or regulations governing the establishment and operation of companies;
- any resolutions or information on the resolutions adopted at the AGM – without delay;
- audited annual financial statements – within 6 (six) months from the end of each financial year;
- unaudited semi-annual financial statements – within 4 (four) months from the end of the first half of each financial year;
- information on share capital increase or reduction – immediately on the entry of the change in the court register;
- information on status changes of the issuer – immediately on the entry of such change in the court register;
- inside information in accordance with the Market Abuse Regulation – as soon as possible.
- Bonds
An issuer of bonds that have been admitted to trading on the Progress Market shall disclose to the public:
- information on any changes in relation to the rights attaching to the bonds which may arise following their admission to trading – without delay;
- notice of the meeting of bond holders, including an invitation to the meeting with the agenda and proposals of resolutions to adopted there – not later than 5 (five) trading days prior to the day of the meeting of bond holders;
- audited annual financial statements – within 6 (six) months from the end of each financial year;
- unaudited semi-annual financial statements – within 4 (four) months from the end of the first half of each financial year;
- information on share capital increase or reduction — immediately on the entry of such change in the court register;
- inside information in accordance with the Market Abuse Regulation – as soon as possible.