On 10 June 2021, BaFin imposed an administrative fine amounting to 160,000 euros on Dorval Asset Management.
- Sanction related to a breach of section 130 (1) of the German Act on Breaches of Administrative Regulations (Ordnungswidrigkeitengesetz – OWiG) in conjunction with section 33 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG).
- Dorval Asset Management failed to submit a voting rights notification within the prescribed period.
