Brief: AB Science Considers Appealing AMF Decision On Possible Insider Trading

AB Science SA

29/03/2022 19:01

March 29 (Reuters) - AB Science SA  ABS.PA :
    * FRENCH MARKET REGULATOR (AMF) HAS CLEARED ITS CHIEF
EXECUTIVE
OFFICER, ALAIN MOUSSY, IN A DECISION CONCERNING POSSIBLE INSIDER
TRADING.
    * AMOUNT OF PENALTY OF ONE MILLION EUROS PENALTY ASSOCIATED
WITH
DEFERRAL OF PRIVILEGED INFORMATION SEEMS DIFFICULT TO UNDERSTAND
    * THIS DIFFERENCE IN ASSESSMENT CONCERNING A TECHNICAL POINT
RELATING TO ONE OF CRITERIA FOR DEFERRED COMMUNICATION OF
PRIVILEGED INFORMATION, AS WELL AS AMOUNT OF PENALTY, AB SCIENCE
IS EVALUATING WHETHER TO APPEAL THIS DECISION
    * AB SCIENCE WAS NOT CONSIDERED TO HAVE BENEFITED IN ANY WAY
FROM
THIS ALLEGEDLY LATE COMMUNICATION

Further company coverage:  ABS.PA 

 ((Tassilo.Hummel@thomsonreuters.com; +33 (0) 6 75 31 92 00;))