Austria – FMA Imposes Fine for Late Substantial Shareholding

On 4 November 2021, the FMA fined Compass Gruppe GmbH for belated notification of the exceeding of the 4% shareholding limit of shares in an issuer.

  • The company failed to notify the FMA, the stock exchange company and the issuer (CLEEN Energy AG) of exceeding the substantial shareholding participation limit in due time.