Stockholm, November 26, 2021 - The Disciplinary Committee of Nasdaq Stockholm
has found that Nordea Hypotek Aktiebolag ("Nordea Hypotek" or the "Company")
has breached Nasdaq Stockholm's Rule Book for Issuers (the "Rulebook"),
applicable at the time, and therefore ordered the Company to pay a fine of SEK
1,500,000.
The Disciplinary Committee concludes that Nordea Hypotek over several years has
made available its annual reports in a discriminatory manner in violation of
the Securities Market Act (2007:528), and that the Company thereby has breached
item 3.3.2 of the Rulebook. Further, the Disciplinary Committee concludes that
the Company, during the same period, has disclosed its half-yearly financial
reports in a discriminatory manner in breach of item 3.3.2 in combination with
items 3.3.1 and 3.1 of the Rulebook.
Given that Nordea Hypotek carries out significant financing activities and for
a long period has violated the rules for disclosures of financial information,
the Disciplinary Committee finds that the Company's breaches shall result in a
fine clearly above the minimum amount and determines it to SEK 1,500,000.
The Disciplinary Committee's decision is available at:
https://www.nasdaq.com/solutions/decisions-sanctions-stockholm-2021
About the Disciplinary Committee
The role of Nasdaq Stockholm's Disciplinary Committee is to consider suspicions
regarding whether Exchange Members or listed companies have breached the rules
and regulations applying on the Exchange. If the Exchange suspects that a
member or company has acted in breach of the rules, the matter is referred to
the Disciplinary Committee. Nasdaq Stockholm investigates the suspicions and
pursues the matter and the Disciplinary Committee issues a ruling regarding
possible sanctions. The sanctions possible for listed companies are a warning,
a fine or delisting. The sanctions possible for Exchange Members are a warning,
a fine or debarment. Fines paid are not included in the Exchange's business but
are attributed to a foundation supporting research in the securities market.
The Disciplinary Committee's Chairman and Deputy Chairman must be lawyers with
experience of serving as judges. At least two of the other members of the
Committee must have in-depth insight into the workings of the securities
market.
Members: Former Supreme Court Justice Marianne Lundius (Chairman), Supreme
Court Justice Ann-Christine Lindeblad (Deputy Chairman), Supreme Court Justice
Petter Asp, Company Director Anders Oscarsson, Company Director Jack Junel,
Company Director Joakim Strid, Lawyer Wilhelm Lüning, Lawyer Patrik Marcelius,
Lawyer Erik Sjöman, MBA Ragnar Boman, MBA Carl Johan Högbom, Authorized Public
Accountant Magnus Svensson Henryson and Former Authorized Public Accountant
Svante Forsberg.
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