April 21 (Reuters) - LPP SA LPPP.WA:
POLISH FINANCIAL SUPERVISION AUTHORITY DECIDES TO IMPOSE PLN 15 MILLION PENALTY ON COMPANY
DECISION IS NOT FINAL AND SUBJECT TO APPEAL
SAYS KNF IMPOSED INDICATED PENALTY ON BASIS THAT COMPANY HAD NOT PROPERLY FULFILLED ITS REPORTING OBLIGATIONS IN SCOPE OF PERIODIC INFORMATION
SAYS IT ALREADY CORRECTED FINANCIAL STATEMENTS IN AUGUST 2023 FOLLOWING REGULATOR'S RECOMMENDATION
KNF'S DECISION AND ITS JUSTIFICATION ARE BEING REVIEWED BY COMPANY
MANAGEMENT IS CONSIDERING EXERCISING RIGHT OF APPEAL
Source text: ID:nEM6Cxs2Qa
Further company coverage: LPPP.WA
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