Internal dealing

CIR has taken as its own the Consob directives regarding internal dealing. The rules which govern this matter can be found in the Code of conduct on the subject of internal dealing, which includes the methods established by the Board of Directors of CIR. Failure to observe the code of behavior can be sanctioned in accordance with the law. The code of conduct defines as “insiders” subjects that have a link to the company and can carry out operations on group shares, having a deep a deep knowledge of the company’s future evolution. These subjects are:


  • the members of the Board of Directors of CIR
  • the standing members of the Board of Statutory Auditors of CIR
  • the managing director and manager with responsibility for the drafting of the company’s accounting documents as foreseen in paragraph 4 of article 154 bis of the Testo Unico (Soggetto 154 bis) of CIR