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    EVT   AU000000EVT1

EVENT HOSPITALITY & ENTERTAINMENT LIMITED

(EVT)
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Event Hospitality & Entertainment : Share Trading Policy

06/30/2021 | 10:58pm EDT

1 July 2021

ASX ANNOUNCEMENT - SHARE TRADING POLICY

The Board of EVENT Hospitality & Entertainment Limited approved a revised Share Trading Policy ("Policy") on 20 May 2021 and the revised Policy is effective from 1 July 2021.

A copy of the revised Policy is attached in accordance with ASX Listing Rule 12.10.

Authorised for release by the Company Secretary

Further information

ASX Company Security Code:

EVT

Telephone:

+61 2 9373 6600

Contact:

David Stone (Company Secretary)

Email:

David_Stone@evt.com

EVENT HOSPITALITY & ENTERTAINMENT LIMITED | ACN 000 005 103

478 GEORGE STREET SYDNEY NSW 2000 | GPO BOX 1609 SYDNEY NSW 2001 | +61 2 9373 6600

CINEMAS | EVENT | BCC | GU FILM HOUSE | CINESTAR | MOONLIGHT

HOTELS & RESORTS | RYDGES | QT | ATURA | THREDBO

STATE THEATRE | EDGE DIGITAL | EDGE SERVICED OFFICES

SHARE TRADING POLICY GUIDE

INTRODUCTION

001 This policy provides guidance to Directors, Senior Executives and employees of EVENT Hospitality & Entertainment Limited ("EVENT") and its subsidiaries regarding dealing in EVENT securities (ASX code: EVT), or entering into transactions in products which operate to limit the economic risk of holding EVENT securities.

002 The policy applies to all EVENT "securities", which includes shares, options, rights, derivatives and any other financial product able to be traded on ASX or another stock exchange, whether or not such securities are created by EVENT or issued or created by third parties. The policy prohibits margin loan arrangements which could result in a forced sale of EVENT securities.

003 For the purposes of this policy, Senior Executives are those executives who are direct reports to the EVENT Chief Executive Officer ("CEO") (including key management personnel as defined by accounting standards). In addition, the policy provisions for those Senior Executives will apply to participants in EVENT's long-term incentive plans, including the Executive Performance Rights Plan, and any other employee as determined by the Chairman and/or the EVENT CEO from time to time and so notified in writing by the Company Secretary - see Section 3.

004 Individuals covered by this policy, including Directors, Senior Executives and other employees to whom this policy applies (or may apply from time to time) are referred to in this policy as "designated personnel".

1. INSIDER TRADING PROVISIONS

005 If you possess information and know, or ought reasonably know, that:

  • the information is not generally available to the market; and
  • if the information were generally available, a reasonable person would expect it to have a material effect on the price or value of EVENT securities ("inside information"),

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SHARE TRADING POLICY GUIDE

you MUST NOT:

  • apply for, buy or sell EVENT securities or enter in an agreement to do any of those things;
  • procure another person to apply for, buy or sell EVENT securities or enter into an agreement to do any of those things; or
  • communicate the information to another person if you know, or ought reasonably know, that the other person would or would be likely to apply for, buy or sell EVENT securities or procure a third person to do any of those things.

006 The prohibition against insider trading under the Corporations Act also applies to price sensitive information relating to other companies which a person might become aware of, as a consequence of their role with EVENT.

007 Information is likely to have a material effect on the price or value of EVENT securities if it would, or would be likely to, influence investors to buy or sell EVENT securities. Some examples of information which could be "inside information" are:

  • profit forecasts that differ materially to market expectations;
  • proposed issues of securities;
  • borrowings or funding decisions;
  • impending mergers, acquisitions, reconstructions, takeovers, etc;
  • significant litigation;
  • significant changes in operations;
  • proposed dividends;
  • management restructuring; and
  • significant new contracts/customers.

008 Breach of the insider trading provisions of the Corporations Act is a criminal offence punishable by substantial fines or imprisonment or both. Insider trading may also attract civil penalties. A court may impose substantial monetary penalties for insider trading and order payment of compensation to persons who suffer loss or damage because of insider trading.

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SHARE TRADING POLICY GUIDE

009 The guidelines for permissible trading in EVENT securities (set out in sections 2 and 3 below) must be read subject to the insider trading provisions of the Corporations Act summarised above. Even if a trading window is open, or if you have been given approval to trade, if you have inside information you must not apply for, buy or sell EVENT securities, procure another person to do any of those things, or communicate the inside information to others. If in doubt, consult the EVENT Company Secretary.

010 Any consent to trade is not an endorsement of the proposed trade and you are individually responsible for your investment decisions and your compliance with insider trading laws.

011 If you come into possession of inside information after receiving consent to trade (see below), you must not trade despite having received the consent.

2. REQUIREMENTS FOR DESIGNATED PERSONNEL Trading windows

012 Subject to the insider trading provisions of the Corporations Act and the policy requirements set out below, the trading windows for designated personnel to deal in EVENT securities are:

  1. during the 4-week period from (and including) the second business day (not including the day of the trigger EVENT concerned) after the following trigger events:
    • date of EVENT's Annual General Meeting;
    • release of the half-yearly results announcement to ASX;
    • release of the full year results announcement to ASX;
  2. during any period determined by the Board and notified to designated personnel following the release to ASX of price sensitive information which in the Board's opinion ensures the market is fully informed; and
  3. the offer period specified under a disclosure document (e.g. a prospectus or product disclosure statement) released by EVENT.

Prior notification of trading during a trading window

013 Dealings in EVENT securities or entering into transactions or arrangements in risk limiting products should be limited to the trading windows referred to above. Should designated

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SHARE TRADING POLICY GUIDE

personnel wish to conduct any dealings or enter into transactions during a trading window, prior written notification (including by email) must be given to:

  • in the case of the Chairman - the Lead Independent Director or his delegate director and the Company Secretary;
  • in the case of a Director - the Chairman of the Board or his delegate director and the Company Secretary;
  • in the case of a Senior Executive - the CEO or her delegate director and the Company Secretary; and
  • in the case of other designated personnel - the Company Secretary.

014 Designated personnel must not conduct any dealings or enter into transactions during a trading window until acknowledgement has been received for the notification.

Prior consent for trading outside a trading window

015 The Chairman, Lead Independent Director, EVENT CEO or appointed delegate director (as applicable) will generally refuse consent to apply for, buy or sell EVENT securities or enter into transactions or arrangements in risk limiting products outside a trading window unless exceptional circumstances exist.

016 Exceptional circumstances include, but are not limited to, the following:

  • severe financial hardship where designated personnel have a pressing financial commitment that cannot be satisfied otherwise than by selling the relevant EVENT securities; or
  • designated personnel are required by a court order, or there are court enforceable undertakings (e.g. in a bona fide family settlement), to transfer or sell the EVENT securities or there is some other overriding legal or regulatory requirement to do so; or
  • any other exceptional circumstance (the validity of which will be subject to the discretion of the Chairman, Lead Independent Director or EVENT CEO, as applicable) in which the proposed dealing is the most reasonable course of action available.

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This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Event Hospitality and Entertainment Ltd. published this content on 01 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2021 02:53:42 UTC.


ę Publicnow 2021
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