Announcement: FMA imposes sanction against Sanochemia Pharmazeutika AG as a legal person 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 105,000.00 by means of a penal order against Sanochemia Pharmazeutika AG for delayed ad hoc reporting. The penal order is not final.

Update: 04.11.2019

Sanochemia Pharmazeutika AG has submitted an appeal to the Federal Administrative Court (BVwG; Bundesverwaltungsgericht) against the penal order issued by the FMA. The penal order is therefore not legally final.

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