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Announcement: FMA imposes sanction against a responsible person of WW Holding AG for a breach against the Market Abuse Regulation (MAR) (Regulation (EU) 596/2014)

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The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 35,000 by means of a penal order against a person responsible of WW Holding AG for the late submission of an ad hoc report. The penal order is not final.

Update 08.08.2019:

An appeal was lodged to the Federal Administrative Court (BVwG; Bundesverwaltungsgericht) against the penal order issued by the FMA.

Update 27.11.2020:

The Federal Administrative Court confirmed the FMA’s penal order dated 08.07.2019 in full. The orderly final right of appeal was declared not to be permissible. The penal order is final.