Close Period

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Close Period

The time between the preparation of a company's balance sheet and its announcement to the public. The close period usually lasts about two months. During this time SEC rules prohibit insiders from buying or selling the company's shares in any way.
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"Importantly, on May 17, 2013, Defra decided to extend the closed periods where farmers are unable to spread livestock manure by two weeks to January 31," said James.
Closed periods NEW research has shown that, except for sandy/shallow soils, extending the closed winter period for spreading slurry would reduce soil leaching of nitrates.
Defra has instructed the Rural Payments Agency (RPA) to take into account the Environment Agency's (EA) guidance for farmers with livestock, which will allow the spreading of slurry as a last resort for farms during the first two weeks of the normal closed periods.
FUW county executive officer Gareth Wyn Jones said the union would fight the proposals which include extended closed periods for organic manure, increased storage requirements for livestock manure - 22 weeks for slurry - and a whole farm limit for livestock manures not to exceed I7okg/ha of total nitrogen each calendar year.
The new Nitrate Vulnerable Zones regulations, which come into force at the start of next year, introduce amended closed periods during which manures containing 'highly available' nitrogen (N), such as slurry and poultry manures, cannot be applied within NVZs.
Other views include the introduction of "closed periods" across all soil types and an increase in the length of "closed period" restrictions and a requirement for increased storage capacity for slurry, to cover the revised closed periods.
The closed period for training was passed at Special Congress last year.