The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 120,000 by means of a penal order against Heitkamp Construction GmbH as a legal person by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of Financial Market Authority Act (FMABG) for a delayed notification of the 5% threshold no longer being met over participations in relation to shares of an issuer. The aforementioned entity omitted to submit a notification to the FMA, the stock exchange operator as well as the issuer (Porr AG) in a timely manner about the participation threshold no longer being met. The penal order is legally final.
Announcement: FMA imposes sanction against Heitkamp Construction GmbH for a breach against the Stock Exchange Act 2018 (BörseG 2018)
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