Brief: Finnish FSA Orders Supplementary Amounts Of Conditional Fine Imposed On Danko Koncar Payable

Afarak SE

24/08/2020 07:55

Aug 24 (Reuters) - Finnish FSA (Finanssivalvonta):
    * ORDERED SUPPLEMENTARY AMOUNTS OF CONDITIONAL FINE IMPOSED
ON
DANKO KONCAR PAYABLE
    * SUPPLEMENTARY AMOUNTS OF CONDITIONAL FINE WERE ORDERED
PAYABLE
SINCE KONCAR HAS FAILED TO PUBLISH A BID FOR SHARES IN AFARAK
GROUP PLC AND TO PRESENT A VALID REASON FOR NON-COMPLIANCE WITH
OBLIGATION
    * PRESENT DECISION TO ORDER SUPPLEMENTARY AMOUNTS PAYABLE IS
NOT
LEGALLY BINDING
    * KONCAR HAS RIGHT TO APPEAL DECISION TO HELSINKI
ADMINISTRATIVE
COURT WITHIN 30 DAYS OF DATE OF SERVICE OF DECISION

Source text: https://bit.ly/31lxS1a
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