Sweden – FI Odey Late Notification Fine

Sweden – FI Odey Late Notification Fine

On 29 October 2019 SWE FI published Odey Asset Management LLP decision.

  • SWE FI decision dated 24 October 2019 that Odey will pay a special fee of SEK 13,100.
  • Relates to notification that a short net position in shares in JM AB had reached relevant thresholds for publication, failure to notify within the time limit prescribed by law.
  • The penalty fee will be invoiced on expiry of the statutory time limit for appeal.