The Austrian Financial Market Authority (FMA) announces that it has imposed a fine of EUR 122,850 against European Lithium Limited as a legal person by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG) for a breach against the Market Abuse Regulation (MAR, Regulation (EU) 596/2014) regarding a delayed submission of an ad hoc report dated 05.03.2020.
The penal order is final.