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On 12 December 2016, the London Stock Exchange's AIM Regulation team published an Inside AIM update on how social media (such as "Twitter", the company's website and other non-regulatory news feeds)...
On 12 December 2016, the London Stock Exchange's AIM
Regulation team published an Inside AIM update on how social media
(such as "Twitter", the company's website and other
non-regulatory news feeds) interacts with the disclosure
obligations under the AIM Rules.
The update advised, amongst other points, that:
social media is subject to the same rules regarding disclosure
of regulatory information;
disclosure by social media alone will not meet an AIM
company's disclosure obligations; and
precedence should still be given to the use of traditional
means of regulatory dissemination (such as the regulatory
information service (RIS)).
The update further advised that any AIM company that uses social
media should have a clear policy on its use which is regularly
reviewed and understood by all relevant persons. The update can be
accessed below:
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
