News from Oslo Børs: Press release from the Stock Exchange Appeals Committee – Sandnes Sparebank

Stock Markets — By on October 25, 2016 at 7:07 AM
oslo bors25/10/2016 – The Stock Exchange Appeals Committee on 24 October considered an appeal by Sandnes Sparebank against the resolution passed by Oslo Børs to impose a violation charge. 

The Stock Exchange Appeals Committee resolved that the Oslo Børs’ resolution of 24 August 2016 to impose a violation charge on Sandnes Sparebank, for breach of the duty to publicly disclose inside information in accordance with the Securities Trading Act Section 5-2 (1), is upheld.

The Stock Exchange Appeals Committee is an independent committee, appointed by the Ministry of Finance. Oslo Børs is involved only to publish the Committee’s resolution on behalf of the Committee.

Read the resolutions by The Stock Exchange Appeals Committee here. Please note that the resolutions are usually only in Norwegian.

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