The Disciplinary Committee of Nasdaq Stockholm has found that MaxFastigheter i
Sverige AB ("MaxFastigheter" or the "Company") has breached the regulations of
Nasdaq First North (the "Rulebook") and has therefore ordered MaxFastigheter to
pay a fine of three annual fees, corresponding to an amount of SEK 526,691.
The Disciplinary Committee finds that the Company has breached item 4.1 in the
Rulebook in several respects and on several occasions, e.g. by publishing a
press release about property acquisitions without including information that
would have enabled a complete and correct assessment of the acquisitions, by
not disclosing inside information about several of the Company's property
acquisitions as soon as possible, and by selectively providing inside
information.
The Disciplinary Committee further finds that the breaches committed by the
Company shows that the Company's capacity in terms of information disclosure
has been inadequate. MaxFastigheter has thus not fulfilled the requirements in
item 2.2.4 of the Rulebook at the time of these breaches.
The Disciplinary Committee considers the breaches serious and has decided that
the sanction should be a fine corresponding to three annual fees.
A detailed description of the matter and the Disciplinary Committee's decision
is available at:
http://business.nasdaq.com/list/Rules-and-Regulations/european-surveillance/disc
iplinary-processes/decisions-and-sanctions/stockholm-2019.html
Please see the attached document for a Swedish version of the decision. An
English version of the decision will be made available as soon as possible.
For further information about this exchange notice please contact Issuer
Surveillance, telephone +46 8 405 60 00, or iss@nasdaq.com.
Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=727119© 2019 GlobeNewswire
