The Austrian Financial Market Authority (FMA) has imposed a fine of EUR 23,000 upon Linz Textil Holding AG. Proceedings were concluded under the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz. The reason for the fine were breaches against the Stock Exchange Act 2018 (BörseG 2018; Börsegesetz 2018). Linz Textil Holding AG specifically failed to promptly publish its annual financial reports for the 2022 and 2023 financial years in legally stipulated European Single Electronic Format (ESEF). Since 01 January 2020, all annual financial reports pursuant to Article 124 of the Stock Exchange Act 2018 (BörseG 2018) are required to be published in the European Single Electronic Format (“ESEF“), with it thereby no longer being sufficient to publish annual financial reports in PDF format. The penal order is final.