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Announcement: FMA imposes sanction against DO&CO Aktiengesellschaft for a breach of ad hoc reporting obligations

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The Austrian Financial Market Authority (FMA) hereby announces that the Federal Administrative Court (BVwG; Bundesverwaltungsgericht) has confirmed the penal order issued by the FMA against DO & CO Aktiengesellschaft on 12.03.2020 in full, with a fine of EUR 318,000 for a delayed ad-hoc reporting notification in 2018 (Article 17 of the Market Abuse Regulation (MAR), Regulation (EU) 596/2014). The orderly final right of appeal was declared not to be permissible. The penal order is final.

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