Page 197 - MEDIASET ESPAÑA / 2012. Financial Statements, Management and Corporate Governance Report

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FINANCIAL STATEMENTS AND MANAGEMENT. ANNUAL CORPORATE GOVERNANCE REPORT. BALANCE SHEETS 2012
9.5. Designation and functions of the department responsible for the management of treasury shares
The Management Control Department shall be responsible for managing treasury shares.
9.5.1. Special duty of confidentiality
The persons that form part of the Management Control Department assume special confidentiality
commitments with respect to treasury share strategy and trading.
9.5.6. Duties
The Department shall be responsible for:
a) Managing the treasury shares in accordance with the general principles established in the Code of Conduct
and those determined by the Telecinco Group’s managing bodies.
b) Overseeing the performance of theTelecinco’s shares and informing the director of regulatory compliance
of any significant changes in the share price which cannot reasonably be attributed to market movements.
c) Keeping a record of all treasury share trades ordered and executed for consultation by the director of
regulatory compliance, the Board of Directors or any other persons designated by the Board.
d) Establishing relationships with any supervisory bodies as necessary to correctly comply with the provisions
of this Code.
e) Preparing a report on the Department’s activities quarterly or whenever so required.
f) Notifying the director of regulatory compliance of any significant incident arising from the management of
the treasury shares.
SIGNIFICANT AGREEMENTS THAT WOULD COME INTO FORCE, BE
AMENDED OR EXPIRE IN THE EVENT OF A CHANGE OF CONTROL
AT THE COMPANY
There are no significant agreements subject to a change in control at the Company.