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18 March 2020

Extraordinary Opening of Trading Windows and ongoing MAR Disclosure Requirements - COVID-19

COVID-19 has already had a dramatic impact on the financial markets, and it is certain that for the next couple of weeks, the impact will continue to be substantial. The European Securities and Markets Authority (“ESMA”) has made a number of recommendations, which can be found here. In the current financial climate, boards of listed issuers on Nasdaq Copenhagen may be considering to open trading windows extraordinarily in connection with announcing trading updates and/or the take down of financial guidance.

Dan Moalem

Partner

+45 30 37 96 10

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Henning Hedegaard Thomsen

Partner

+45 30 37 96 18

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Jeanette Kjeldgaard Rasmussen

Associate

+45 30 37 96 44

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