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The Disciplinary Committee of Nasdaq Stockholm has found that Hedera Group AB (publ) (the “Company”) has breached the Nasdaq First North Growth Market Rulebook (the “Rulebook”) and therefore ordered the Company to pay a fine of four annual fees, corresponding to an amount of SEK 420,000.
The Disciplinary Committee concludes that the Company, when disclosing a purchase of shares in Liv ihop AB on December 3, 2021, breached Article 17 of the EU Market Abuse Regulation by not including complete and correct information about the purchase price and conditions for completion of the purchase. Consequently, the Company also breached item 4.1 of the Rulebook.
The Disciplinary Committee’s decision is available at:
https://www.nasdaq.com/solutions/decisions-sanctions-stockholm-2022
