Decision by Nasdaq Stockholm's Disciplinary Committee (10/22)
The Disciplinary Committee of Nasdaq Stockholm has found that SAS AB (the “Company”) has breached the rules of Nasdaq Stockholm (the “Rulebook”) and therefore ordered the Company to pay a fine of three annual fees.
The Disciplinary Committee concludes that the Company on July 4, 2022, made inside information available in a discriminatory manner when its CEO informed the media about a pilot strike before that information had been disclosed through a press release. The Company thereby breached Article 17 of the EU Market Abuse Regulation in conjunction with Article 2 of the Commission Implementing Regulation (EU) 2016/1055, and consequently also item 3.1.1 in the Rulebook.
The Disciplinary Committee’s decision is available at:
https://www.nasdaq.com/solutions/decisions-sanctions-stockholm-2022
Please see the attached document for a Swedish version of the decision. An English version of the decision will be made available as soon as possible.
For further information about this exchange notice please contact Enforcement & Investigations, telephone +46 8 405 70 50, or iss@nasdaq.com.
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