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Announcement: FMA imposes sanction against a private person for a breach against the Stock Exchange Act of 2018 (BörseG 2018)

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The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of € 32,000 in a penal order by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz) for the belated notification of the 50% participation threshold being exceeded pursuant to Article 130 para. 1 of the Stock Exchange Act 2018 (BörseG 2018; Börsegesetz 2018) against a private person. The private person omitted to inform the FMA, the exchange operating company, as well as the issuer, in a timely manner about the participation threshold being exceeded. The penal order is final.

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