The Disciplinary Committee of Nasdaq Stockholm (the “Exchange”) has found that DORO AB (the “Company”) has breached the rules of Nasdaq Stockholm (the “Rulebook”) and therefore ordered the Company to pay a fine of two annual fees, corresponding to an amount of SEK 520,000.
The Disciplinary Committee has found that the Company has violated Article 17 of the EU Market Abuse Regulation (MAR) and the Rulebook by delaying the disclosure of information regarding a counterparty's changed stance on the acquisition of a subsidiary of the Company, despite the information being in clear contrast to what the Company had previously disclosed. According to the Disciplinary Committee, there were no grounds for delaying the disclosure under Article 17.4 (b) of MAR.
The Disciplinary Committee’s decision is available at:
https://www.nasdaq.com/market-regulation/nordic/stockholm/disciplinary/decisions-sanctions
