Bluestar Adisseo updates shareholding rules for directors, senior management
Bluestar Adisseo Company has announced updated management measures for shares held by its directors and senior management, effective as of December 15, 2025. The revised guidelines aim to strengthen oversight of shareholdings and transactions, aligning with the "Company Law," "Securities Law," and other relevant regulations. Key provisions include reporting requirements for personal information and shareholding changes within specific timeframes.
Directors and senior management are prohibited from transferring company shares within one year of the company's stock listing, and for six months following their resignation. Further restrictions apply if the company or the individual is under investigation for securities-related offenses, or if the company faces potential delisting.
Annual share transfers by directors and senior management are capped at 25% of their total holdings, with exceptions for holdings under 1,000 shares, which can be fully transferred once. Newly acquired shares from various sources, such as public offerings or market purchases, will be included in the calculation of transferable shares for the current or subsequent year, depending on their restriction status. The rules also outline trading blackouts around financial reporting periods and require pre-disclosure of reduction plans for significant share transfers.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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