Varma requires the disclosing market participant to be compliant with EU's Market Abuse Regulation (MAR).
The disclosing market participant must follow the following procedure for market sounding purposes.
Procedure for market sounding purposes – EU's market abuse regulation (MAR)
1. Please do not approach or contact any Varma´s employee for market sounding purposes before your company has been accepted as a Market Sounding Partner by Varma. If your company has already been accepted as a Market Sounding Partner, you can proceed to section 2.
How to apply for becoming a Market Sounding Partner?
Please send an application signed by your Head of Compliance where your company confirms that procedures in your company are compliant with MAR and other relevant EU guidelines and standards to email@example.com. Once your company has been accepted as a Market Sounding Partner you will be provided a list of the nominated market sounding receivers of Varma.
You only need to register as a Varma’s Market Sounding Partner once.
2. If your company is already accepted as Varma’s Market Sounding Partner, you can contact the relevant market sounding receiver at Varma directly.If you are not sure who to contact in this matter,firstname.lastname@example.org will assist you upon request.
3. You must always ask the relevant market sounding receiver for a permission for market sounding before making any disclosure. Unless the explicit permission is granted, you are not allowed to disclose any information that could be interpreted as confidential or insider information.