Share Trading Policy
1. Introduction and Purpose
1.1 The ordinary shares of Medical Developments International Limited (ASX: MVP) are listed on ASX. MVP aims to achieve the highest possible standards of corporate conduct and governance.
1.2 The purpose of this share trading policy is to ensure compliance with the ASX Listing Rules, and to ensure that Key Management Personnel and their associates are aware of the legal restrictions in dealing in MVP’s shares while such a person is in possession of unpublished price sensitive information concerning MVP.
1.3 The Share Trading Policy regulates dealings by MVP Directors in MVP securities (in this Policy including options and other financial products issued by third parties) and securities of any other entity that may be affected by inside information.
2. Application of the Policy
2.1 This Share Trading Policy applies to the following Designated Persons:
a) Directors ;
b) Officers;
c) Senior Management; and
d) Any employee or consultant who has access to MVP confidential financial and Board documentation.
3. Reasons for the Policy
3.1 The Corporations Act 2001 prohibits persons who are in possession of price sensitive information in relation to particular securities that is not generally available to the public from:
a) Dealing in the securities; or
b) Communicating the information to others who might deal in the securities.
3.2 The objectives of this policy is to ensure that:
a) MVP Staff are aware of the legal restrictions on trading in securities whilst a person is in possession of MVP inside information; and to
b) establish a regime for the Company to prevent inadvertent non compliance.