Continuous Disclosure
The Board understands the importance of keeping Shareholders and other stakeholders fully informed of material information in relation to the Group’s activities on a timely basis. For this purpose the Group has established a Continuous Disclosure Policy, a copy of which is available on the Company’s website. The policy provides a broad overview of the reporting requirements including the statutory environment within which the Group operates. The policy sets out the legal position pursuant to Section 674 of the Corporations Act and ASX Listing Rule 3.1, including:
- Issues and tests for materiality;
- The type of information that needs to be disclosed;
- The process for bringing such information to the attention of the Company and its nominated reporting officer;
- The role of the CEO as ultimate decision maker for Fortescue’s continuous disclosure obligations; and
- The role of the Board to review all disclosures made during the period since the last Board meeting.
With regard to general disclosures at media briefings or public presentations, only the Chairman, the CEO or their delegated person/s are authorised to issue public comments on behalf of the Group or provide journalists and members of the investment community with information. Copies of announcements to the ASX, investor briefings, half yearly financial statements, quarterly production results, the Annual Report and other relevant information are posted to the website.