4.2 Periodic and Event-Based Disclosures

The periodic calendar — the clockwork disclosures: the quarterly financials (the unaudited progress), the audited annual report (the year's account: the financials + the directors'-and- auditors' reports + the corporate-governance section), the half-yearly faces. The event-based(continuous) duties — the material events' prompt publication: the dividends-and-bonuses, the mergers-and-acquisitions, the major contracts, the board-and-management changes, the litigation- and-regulatory actions, the plant closures-and-disasters, the substantial-shareholding changes — anything the price would want to know ("materiality" as the trigger-test: the reasonable investor's decision-relevance).