DENMARK: Fine imposed for breach of Denmark major shareholdings rules

Wednesday May 14 2014

The Danish FSA has imposed a financial penalty on Strategic Investments A/S of £ 15,000 for two cases of violating Finland major shareholdings rules in § 29 paragraph 1 of the Securities Trading Act. Strategic Investments A/S was late in notifying changes in its holding of shares in Land and Leisure A/S. The amount of the fine reflects the fact that the offence happened on more than one occasion.

Click on the above link for the decision (in Danish).