ArcelorMittal’s Notification of Share Transaction by Designated Person

Understanding Regulation (EU) No 596/2014

Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations) is a crucial regulation that aims to maintain the integrity of financial markets by prohibiting insider trading and other forms of market manipulation. This regulation requires designated persons, such as directors or executive officers of companies, to disclose their share transactions to the public in a timely manner.

Notification of Share Transaction by ArcelorMittal

In compliance with Article 19(3) of the Market Abuse Regulations, ArcelorMittal has announced that notification of share transactions by designated persons is available in the Luxembourg Stock Exchange’s electronic database OAM and on the company’s official website under the Investors section. This transparency allows investors and stakeholders to track and monitor the trading activities of key individuals within ArcelorMittal.

Implications for Individuals

For individual investors, the notification of share transactions by designated persons provides valuable insights into the trading behavior of company insiders. This information can help investors make more informed decisions about buying or selling ArcelorMittal shares. By monitoring the share transactions of directors and executive officers, investors can gain a better understanding of the company’s financial health and future prospects.

Global Impact

On a larger scale, the disclosure of share transactions by designated persons plays a significant role in promoting transparency and corporate governance practices. By requiring key individuals to report their trading activities, regulators can deter market abuse and ensure a level playing field for all investors. This transparency fosters trust in the financial markets and helps maintain the integrity of the global economy.

Conclusion

Overall, the notification of share transactions by designated persons by ArcelorMittal demonstrates a commitment to transparency and regulatory compliance. By adhering to the Market Abuse Regulations, the company is upholding the highest standards of corporate governance and investor protection. This level of transparency not only benefits individual investors but also contributes to the overall integrity of the financial markets.