Announcement: FMA imposes a sanction against a private person for a public offering without publishing a prospectus

The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 1,000.00 by means of a penal order against a private person by way of the accelerated conclusion of proceedings pursuant to Article 22 para 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz). The private person publicly offered an investment without a prospectus that was drawn up and approved in accordance with the provisions of the Capital Market Act 2019 (KMG 2019; Kapitalmarktgesetz) and also failed to inform the notification office about the public offering. The penal order is final.