Brief: Supreme Administrative Court Rejects Afarak's Application For Permission To Appeal

Afarak SE

30/03/2022 14:38

March 30 (Reuters) - Afarak Group Plc  AFAGR.HE :
    * SUPREME ADMINISTRATIVE COURT REJECTED AFARAK GROUP PLC'S APPLICATION FOR PERMISSION TO
APPEAL
    * BY ITS DECISION TODAY, SUPREME ADMINISTRATIVE COURT HAS REJECTED AFARAK'S APPLICATION FOR
PERMISSION TO APPEAL. SUPREME ADMINISTRATIVE COURT THEREFORE DOES NOT RULE ON AFARAK'S APPEAL.
    * THEREFORE, PENALTY PAYMENT OF EUR 1 450 000 IMPOSED BY FIN-FSA ON 23 SEPTEMBER 2019 TO
AFARAK
FOR FAILURES RELATING TO DISCLOSURE OF INSIDE INFORMATION AND MAINTENANCE OF INSIDER LISTS IS
LAWFUL.

Source text for Eikon:  ID:nGNE2CvkbP 
Further company coverage:  AFAGR.HE 

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