The Austrian Financial Market Authority (FMA) hereby informs that it has imposed a fine of EUR 262,500.00 by means of a penal order against BUWOG Group GmbH (previously BUWOG AG) as a legal person for a delayed Ad-Hoc reporting submission. The penal order is not legally final.
Update 20.03.2019:
An appeal was lodged by BUWOG Group GmbH against the FMA’s penal order with the Federal Administrative Court (Bundesverwaltungsgericht).
Update 22.05.2020:
The Federal Administrative Court (BVwG) rejected the appeal as being unjustified. The orderly final right of appeal was declared not to be permissible. The penal order is final.