SIX Exchange Regulation, which is charged by SIX Swiss Exchange AG with the monitoring and enforcement of issuer obligations, has by means of a sanction notice imposed a fine of CHF 20’000.- on Accu Holding AG, Emmen (LU), for breaching the rules governing the regular reporting obligations. In May 2014, Accu Holding AG published the 2013 annual report and submitted it to SIX Exchange Regulation too late.
The violation committed by Accu Holding AG has been qualified as moderately severe and the degree of fault as gross negligence. Accu Holding AG has not been sanctioned by SIX Exchange Regulation or the Sanction Commission in the past three years. In light of all circumstances, SIX Exchange Regulation has imposed a fine of CHF 20’000.-. Accu Holding AG has accepted the sanction notice.
