The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of € 40,000 against a natural person for unlawful disclosure of insider information pursuant to Article 154 para. 1 no. 2 of the Stock Exchange Act 2018 (BörseG 2018; Börsegesetz 2018), in conjunction with Article 14 lit. c of Regulation (EU) No. 596/2014 (MAR; Market Abuse Regulation). The natural person held insider information that they disclosed towards other persons, with the disclosure not occurring during the course of carrying out their duties normally. The penal order was issued by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz), and is thereby legally final with immediate effect.
Announcement: FMA imposes sanction against a natural person for a breach regarding the unlawful disclosure of insider information
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