Code of Business Conduct and Ethics
The Company has a Code of Conduct which sets out the values and principles that should guide all employees in the way and manner they conduct themselves in relation to all its stakeholders.
The Company ensures a steady awareness of these values and principles by continuous training, adequate publication of the contents of the Code to its employees and the development of a whistle-blowing procedure to deal with any contravention of the Code of Conduct.
Share Dealing/Insider Trading
By virtue of the Share Trading policy of the Securities and Exchange Commission, FrieslandCampina WAMCO Nigeria Plc has in place, a Share Dealing policy which regulates securities transactions by its Directors, employees and other insiders on terms which are no less demanding than the required standard set out by the Securities and Exchange Commission.
The Directors of the Company and senior employees who are in possession of price sensitive information are prohibited from dealing with the shares of the Company in accordance with the provisions of the Investment and Securities Act 2007. Therefore, the relevant persons are prohibited both when they are in possession of material non-public information about the Company’s activities as well as during prescribed black-out periods.