Shares Question
Discussion
Hypothetical question in the office today, based on some rough figures.
Our company are owned by a much larger multinational company which are listed on the LSE. We have a rough TO of roughly 7-8M whilst our parent company is circa 200M.
There is a slim possibility we land a deal worth roughly 50m per year. If we were to purchase shares in our parent company prior to this deal going through, we assume this would be classed as insider trading? Would there be any way around this or best to avoid completely?
Our company are owned by a much larger multinational company which are listed on the LSE. We have a rough TO of roughly 7-8M whilst our parent company is circa 200M.
There is a slim possibility we land a deal worth roughly 50m per year. If we were to purchase shares in our parent company prior to this deal going through, we assume this would be classed as insider trading? Would there be any way around this or best to avoid completely?
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