The Disciplinary Committee of Nasdaq Stockholm (the “Exchange”) has found that Intellego Technologies AB (the “Company”) has breached the rules of Nasdaq First North Growth Market (the “Rulebook”) and therefore ordered the Company to pay a fine of twelve annual fees.
The Disciplinary Committee concludes that the Company repeatedly has breached article 17 of the EU Market Abuse Regulation (“MAR”) and the Rulebook by:
The Disciplinary Committee finds that the Company repeatedly and over a prolonged period has breached article 17 of MAR and the Rulebook. The Disciplinary Committee finds the breaches to be serious so that a fine shall be imposed. Considering the repeated breaches, and that they appear to be the result of a lack in capacity for providing the market with information, the Disciplinary Committee has decided to impose a fine of twelve annual fees.
The Disciplinary Committee’s decision is available at: https://www.nasdaq.com/market-regulation/nordic/stockholm/disciplinary/decisions-sanctions
Please see the attached document for a Swedish version of the decision. An English version of the decision will be made available as soon as possible.
For further information about this exchange notice please contact Enforcement & Investigations, telephone +46 8 405 70 50, or iss@nasdaq.com.