On January 27, we brought together capital markets professionals, lawyers, and company executives at the TEGOS office for a business breakfast dedicated to “Nasdaq First North” issuers and those considering entering this market.
During the event, we discussed the issues currently most relevant to listed companies: from the practical implementation of MAR requirements and the latest amendments to the First North rules, to challenges and recommendations on how to effectively organize compliance processes, ensure transparent communication, and maintain smooth cooperation with the market.
A few insights highlighted during the event:
Simplicity, conciseness, and clarity are key criteria that bond issuers should follow when presenting MAR requirements, their implementation, and when providing reminders to company employees, shareholders, and members of management bodies.
Before communicating externally, it is advisable to discuss internally whether the information intended for disclosure constitutes inside information and whether proper disclosure or a delay in disclosure is required.
With respect to bonds, the nature and scope of inside information differ from that of shares — such information is likely to be less sensitive than in the case of shares. Nevertheless, even if certain information is not considered inside information, issuers should assess whether it must be disclosed under other requirements (for example, the Nasdaq First North rules).
We thank everyone who contributed to the event’s content – TEGOS experts Dalia Augaitė and Nortautas Zenevičius, as well as our guests Eglė Karūžaitė (Nasdaq), Jonė Girčienė (Sun Investment Group), and Darius Alutis (Civinity).
