Nasdaq Copenhagen's Disciplinary Committee has assessed that Chemometec A/S have violated the rules by sharing inside information with a bank before the information was disclosed to the market in accordance with the requirements, for late disclosure of the annual report and for having inadequate internal procedures and systems to ensure compliance with the rules. The Disciplinary Committee has decided to reprimand the company and have decided that the company shall pay a fine corresponding to one annual fee paid by the Issuer to the Exchange, equal to DKK 750.000 1. A summary of the decision is attached to this notice and will also be available under Decisions & Statements 2023 via the following link: https://www.nasdaq.com/solutions/decisions-sanctions-copenhagen. The resume is also attached to this notice. Where the sanction has resulted in a reprimand or a fine, Nasdaq Copenhagen publishes the decision with the identity of the issuer in order to ensure transparency about the decisions from the exchange. This is further stated in the Nasdaq Nordic Main Market Rulebook for Issuers of Shares, chapter 8, Supplement A - Nasdaq Copenhagen, Part G, rule 29. Further information about Nasdaq's disciplinary procedures can be found via the following link: https://www.nasdaq.com/solutions/copenhagen-disciplinary-processes -------------------------------------------------------------------------------- For further information, please contact: Jakob Kaule, Surveillance, tlf. 33 93 33 66 1 The paid fine will be transferred to Nasdaq Nordic Foundation for the promotion of the Foundation's objectives: https://www.nasdaq.com/nasdaq-nordic-foundation Attachment: https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=1134886
© 2023 GlobeNewswire
