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Announcement: FMA imposes sanction against Wolschner Vermögensverwaltungs GmbH for a breach of the Stock Exchange Act 2018 (BörseG 2018; Börsegesetz 2018)

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The Austrian Financial Market Authority (FMA) announces that it has imposed a fine of EUR 120,000 against Wolschner Vermögensverwaltungs GmbH for the delayed notification about the 40 % threshold for holdings being exceeded for the shares of an issuer, by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz). Wolschner Vermögensverwaltungs GmbH failed to communicate to the issuer within the stipulated timeframe that the threshold for the holding had been exceeded. The penal order is final.

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