FINANCIAL COMMUNICATION: FRAMEWORK AND PRACTICES - 2019 EDITION

25 6  z COMPLETE AND EFFECTIVE DISSEMINATION OF REGULATORY INFORMATION The AMF published a practical Guide to Filing Regulatory Information with the AMF and to its Dissemination. This guide was updated on April 15, 2013. The issuer must ensure the complete and effective dissemination of all relevant regulatory information, with the exception of disclosures related to the crossing of thresholds, which are handled by the AMF itself 29 . Regulatory information must be disseminated using electronic means in accordance with the principles defined by the AMF General Regulations requiring dissemination to as wide a public as possible , within as short a timeframe as possible and using methods which ensure the integrity of the information . In order to achieve this, issuers may, at their own discretion, choose to disseminate regulatory information themselves or decide to use the services of one of the primary information providers registered on a list published by the AMF, in which case it is assumed that they have met their effective and complete dissemination obligation 30 . To ensure easier access to information, the AMF also recommends that issuers indicate on social networks that their financial statements can be found on their website under a specific section visible from the homepage or on a “Finance” or “Investors” page. The issuer’s statutory financial statements and its subsidiaries’ financial statements should be clearly identified as such 31 . Issuers are also required to file their regulatory information with the AMF in electronic format via the ONDE extranet site at the same time as the information is publicly disseminated, unless the issuer uses a primary information provider registered on a list published by the AMF, in which case the primary information provider will directly file it with the AMF. The issuer will also issue financial communication in the written press according to a timetable it considers appropriate 32 . Such communication may reuse, when appropriate, all or part of the regulatory information that has already been disseminated electronically, but the content is more general and malleable than the regulatory information that is sent to the media in full and in plain text format.When information is disseminated to the written press, the AMF recommends that the issuer inform readers that comprehensive financial performance information is available on its website 33 . Issuers whose securities are admitted – or subject to a request for admission – to trading on Euronext Growth must also ensure the complete and effective dissemination of all regulatory information according to the same rules as issuers listed on Euronext Paris 34 . The same applies for issuers whose securities are admitted – or are subject to a request for admission – to trading on Euronext Access. 29 – Article 221-3 of the AMF General Regulations. 30 – AMF Position/ Recommendation no. 2016-08 – Guide to ongoing disclosures and the management of insider information (section 1.6.4.2). 31 – AMF Position/ Recommendation no. 2016-08 – Guide to ongoing disclosures and the management of insider information (sections 1.6.4.1 and 1.6.4.2). 32 – Article 221-4 VI of the AMF General Regulations. 33 – AMF Position/ Recommendation no. 2016-05 – Guide to periodic disclosures by companies listed on a regulated market (section 14.9). 34 – Article 221-4 of the AMF General Regulations.