Corporate Governance

INSIDER TRADING &
SHARE TRADING POLICY

SHARE TRADING POLICY 

BITCOIN CAPITAL RESERVE LIMITED 
ACN 689 640 266 

Effective Date: 8 October 2025 
Review Date: 8 October 2025 

 

  1. PURPOSE AND APPLICATION

1.1 Purpose 

This Policy prevents insider trading and regulates trading in Company securities in compliance with: 

(a) Corporations Act 2001 (Cth), Part 7.10 Division 3; 

(b) Criminal Code Act 1995 (Cth), Part 7.3; 

1.2 Application 

This Policy applies to: 

(a) All Directors and officers; 

(b) All employees and consultants; 

(c) Substantial shareholders; and 

(d) Any person possessing inside information about the Company. 

 

 

  1. 2. TRADING WINDOWS AND BLACKOUT PERIODS

2.1 Trading Windows (When Trading Generally Permitted) 

Trading is generally permitted at any time, except during blackout periods. 

2.2 Blackout Periods (No Trading) 

Prohibited Trading Periods: 

(a) 31 days before scheduled results announcements; 

(b) Any time you possess inside information; 

(c) During material Bitcoin acquisitions (>$5M); 

(d) During regulatory applications or investigations; 

(e) When cybersecurity incidents are being addressed; 

(f) Any other period announced by the Board. 

  1. 3. DISCLOSURE OBLIGATIONS

3.1 Directors 

Must disclose to NSX and Company within 3 business days: 

(a) Initial shareholding upon appointment; 

(b) All changes in shareholding; 

(c) Interests of related parties; 

(d) Trading by spouse, children, trusts, companies controlled. 

3.2 Senior Management 

Must notify Company Secretary of all trades within 2 business days. 

  1. 4. EXCEPTIONS

The following generally do not require pre-clearance: 

(a) Transfers between related entities (no change in beneficial ownership); 

(b) Acceptance of takeover offers; 

(c) Participation in share purchase plans or dividend reinvestment plans; 

(d) Exercise of options or rights (but sale of resulting shares requires clearance); 

(e) Trading by trustees where you have no control or influence. 

Note: Even for exceptions, cannot trade while possessing inside information. 

 

  1. 5. RESPONSIBILITIES

5.1 Individual Responsibilities 

You must: 

(a) Understand and comply with this Policy; 

(b) Obtain clearance before trading (if required); 

(c) Not trade while possessing inside information; 

(d) Keep inside information confidential; 

(e) Make required disclosures on time; 

(f) Seek clarification if uncertain. 

5.2 Clearance Officer 

Must: 

(a) Process clearance requests promptly; 

(b) Maintain register of clearances; 

(c) Monitor for potential breaches; 

(d) Report concerns to Board. 

5.3 Company Secretary 

Must: 

(a) Maintain register of Director and management holdings; 

(b) Submit Director disclosures to NSX; 

(c) Monitor compliance; 

(d) Coordinate training; 

(e) Report quarterly to Board. 

 

6. DEFINITIONS

Associate: Spouse, children, family trusts, companies controlled, other related parties. 

Clearance Officer: Person authorized to grant trading clearances (Chairman for CEO, CEO for others). 

Inside Information: Material information not generally available to the market. 

Securities: Shares, options, rights, and any other securities issued by the Company. 

Trade/Trading: Buying, selling, or otherwise dealing in securities (including through third parties). 

Trading Window: Period when trading is generally permitted (subject to no inside information).