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MATERNUS-Kliniken AG: BaFin imposes administrative fines

Date 19/07/2022

On 7 July 2022, BaFin imposed administrative fines totaling 510,000 euros on MATERNUS-Kliniken AG.

 

The sanction related to breaches of section 115 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). MATERNUS-Kliniken AG failed to make its half-yearly financial reports for the financial years 2016, 2017 and 2018 publicly available.

The company may lodge an appeal against the administrative fine order.