Corporate governance and disclosure

Corporate governance is one of the foundational pillars of a healthy capital market. Sound governance at an issuer not only builds investor confidence but also grows the company's long-term value.

Issuer obligations

Companies listed on the Tbilisi Stock Exchange are required to timely and fully disclose all information that may influence the price of securities or an investor's decision.

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Key disclosure obligations

1. Publication of annual and quarterly financial reports
2. Immediate disclosure of inside information
3. Notification of material transactions and corporate actions
4. Disclosure of board composition and remuneration
5. Ensuring access to minutes of board meetings

"Transparency is not a burden — it is the foundation of market trust on which every successful company stands."

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Corporate governance code

In accordance with the requirements of the National Bank of Georgia and the National Securities Commission, companies listed on the exchange must comply with the Corporate Governance Code. This code covers equal treatment of shareholders, management of conflicts of interest, and accountability to the exchange.

For additional information, issuers may contact our listing department.