Listed companies: do you share company performance info with colleagues?

[Corporatepreggolady]

Hi all,

Financial/random one. If you work for a listed company, does your company share financial performance info (eg sales, revenue, profit and loss) with all employees? Like at town halls etc?

There's a debate between senior folks in my company as to whether this would be A. Good business sense so our employees feel invested and informed, or B. Illegal because it could be 'price sensitive' info. Thoughts?

Aside from/in addition to public yearly and interim results, I should add

I think unless it’s info you share with the wider shareholder base then you risk B. But I’m not a lawyer - your general counsel should be able to advise on the specifics.

My company shares the results and does employee presentations once the info is no longer embargoed. No reason employees need to know in advance (unless part of a relevant process)

gives them a company to tell us how well they are doing but funnily enough the story is different around pay review time

We get told after the information is publicly released. There is 100,000 people in the company I work for. Investors take priority over staff!!

Yes I'm more thinking beyond annuals/interims.

at smaller non-listed companies I've worked for, we'd have monthly meetings where we discussed targets and how far or near we were to them based on revenue. Is anything like that possible on a regular basis in a listed org, or just absolutely not?

I will check with general counsel, yes, just wanted to make sure I wasn't being daft

Lawyer at a listed company here. Definitely not a daft question, consult with your lawyer.