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Announcement: FMA imposes sanction for the delayed notification of proprietary trading

Release Date: |

The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 26,000.00 by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz) against Pierer Konzerngesellschaft mbH for a breach of the Market Abuse Regulation (MAR, Regulation (EU) 596/2014) for delayed notification of proprietary trading. The penal order is final.