The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 44,000 against a private person for the delayed notification about their exceeding the 4% threshold for holdings in relation to financial instruments or other comparable instruments of an issuer. The private person omitted to notify the exceeding of the participation threshold in a timely manner to the FMA, the exchange operating company as well as the issuer. The penal order is not final.
Update: 30.04.2024
The private person has lodged an appeal to the Federal Administrative Court (BVwG; Bundesverwaltungsgericht) against the FMA’s penal order.