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Article: Stockholm Stock Exchange: Stockholm Stock Exchange's Disciplinary Committee fines Wedins.
- Article from:
- Business Wire
- Article date:
- May 17, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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STOCKHOLM, Sweden -- Wedins Skor & Accessoarer AB has breached the company's listing agreement with the Stockholm Stock Exchange (STO:0MX) by not providing information about an extraordinary general meeting in time and by not handling price-sensitive information in the correct manner. The Stockholm Stock Exchange's Disciplinary Committee has decided to fine Wedins SEK 576,000.
According to the Stockholm Stock Exchange's listing agreement, a listed company must immediately disclose when the Board of Directors makes a decision to convene an extraordinary general meeting. At a meeting of the Board of Directors of Wedins, held on September 27, 2005, the Board made ...