The Disciplinary Committee of Nasdaq Stockholm has found that Trelleborg AB (the “Company”) has breached the rules of Nasdaq Stockholm (the “Rulebook”) and therefore ordered the Company to pay a fine of four annual fees, corresponding to an amount of approximately SEK 9,600,000.
The Disciplinary Committee concludes that the Company, when media on December 23, 2021 published information on a possible business sale that constituted inside information and whose confidentiality was thus no longer ensured, breached Article 17 of the EU Market Abuse Regulation (“MAR”) by not disclosing the information through a so-called leakage press release. The Company consequently also breached item 3.1.1 of the Rulebook.
The Disciplinary Committee further concludes that the Company, when Nasdaq Stockholm AB (the “Exchange”) contacted the Company by reason of said media information, did not in due time clarify whether this information constituted inside information. The Company thereby breached item 1.3.1 of the Rulebook and the obligation to provide the Exchange with the information it needs in its surveillance.
The Disciplinary Committee takes a serious view of the Company's violations and orders the Company to pay a fine of four annual fees.
The Disciplinary Committee’s decision is available at:
https://www.nasdaq.com/solutions/decisions-sanctions-stockholm-2022
