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Continuous disclosure for teams without an IR department

Continuous disclosure is often described as a compliance obligation. Day to day, it is a communication discipline: if reasonable investors would want to know something, the market should hear it in a controlled way before rumours do.

Small caps rarely have a dedicated IR officer. The work sits across the CEO, the company secretary, and whoever is fastest on email—which is why informal channels accidentally become the primary disclosure path.

Make the public record the default

When investors routinely get material context only through private replies, you have a process problem. Build the habit of anchoring explanations to what is already filed, then extending the public record when something new is required.

A visible activity log—who drafted, who approved, what published—reduces the “who said that?” conversations that consume management time after the fact.

Practical rhythms

Calendar the reporting cycle: quarterlies, AGM season, milestone announcements. Pair each with investor-page updates and pre-approved language for the questions that always follow.

You do not need a department. You need a repeatable loop: source, draft, approve, publish.

You do not need a department. You need a repeatable loop: source, draft, approve, publish.

This article is general guidance on listed-company communication. It is not legal, compliance, or financial advice. Your company should apply its own disclosure obligations and approval processes.

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Continuous disclosure for teams without an IR department · Clarient