Drägerwerk AG & Co. KGaA: BaFin imposes administrative fine

On 27 April 2022, BaFin imposed an administrative fine amounting to 115,000 euros on Drägerwerk AG & Co. KGaA.

The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). Drägerwerk AG & Co. KGaA failed to publish inside information without undue delay.

The company may lodge an appeal against the administrative fine order.

Update (27.05.2022):

The administrative fine order is final and binding.

Source: BAFIN

Related Posts