Germany – BaFin Fine Adler on Voting Rights

Germany – BaFin Fine Adler on Voting Rights

On 31 March 2021, GE BaFin fined Adler Real Estate €555k re voting rights.

  • BaFin has fined Adler Real Estate AG 555,000 euros for violating its voting rights rules.

Overview

  • BaFin fined Adler Real Estate after the firm failed to issue voting rights notices on time.
  • Adler was sanctioned for violating section 26a(1) of the German Securities Trading Act.