• POL FSA issued penalties to Krzysztof Gawla for various violations related to not notifying certain companies and the Commission about changes in shareholding.

Penalties

• On 2016 June 2023, a fine was imposed of 20k PLN for not informing Budopol-Wroclaw SA and the Commission about a decrease in their voting rights below 5%.
• POL FSA also imposed a fine of 140,000 PLN for not notifying various instances of increasing and decreasing shareholdings in Elkop SA and Elkop SE on specific dates.
• A fine of 220,000 PLN for not informing Investment Friends SA and Investment Friends SE about increasing their shareholdings above specific thresholds on certain dates.
• Also, a fine of 40k PLN for not notifying AllIn! Games SA about increasing and decreasing their shareholding on specific date, and fine of 110k PLN for not informing M-Trans SA about increasing and decreasing their shareholding on specific dates.
• A fine of 200k PLN for not notifying Magna Polonia SA about increasing and decreasing their shareholding on specific dates as well as not reporting shareholding changes.
• In addition, a fine of 140,000 PLN has been imposed by POL FSA for not notifying Present24 SA about increasing and decreasing their shareholding on specific dates.

Enforcement

• Krzysztof Gawla applied for case reconsideration, making the decision not final.