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Announcement: FMA imposes sanction on Dorner Holding GmbH for a delayed notification of a proprietary trade

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The Austrian Financial Market Authority (FMA) has imposed a fine of EUR 76,000 on Dorner Holding GmbH. 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 is a breach against the Market Abuse Regulation (MAR, Regulation (EU) 596/2014). Dorner Holding GmbH specifically failed to submit the compulsory notification to the FMA about proprietary trading activity (Directors’ Dealings notification) within three business days following the date on which the transaction was conducted. The penal order is final.