Charge of participation in price manipulation in 2011 appealed to the High Court


This stock exchange notification is send in continuation of the stock exchange notification of the 17 October 2014.

Ringkjøbing Landbobank and an employee were the 17 October 2014 acquitted of the charge of participation in price manipulation in the Town Court in Herning. All the judges agreed on the acquittal that was without any dissenting opinion.

The bank and the employee were also acquitted in breaching the duty to notify the Danish Financial Supervisory Authority about a suspicious trade, cf. Section 37 (6) of the Danish Securities Trading Act. The acquittal of the duty to notify the Danish Financial Supervisory Authority occurred with a dissenting opinion from one of the judges in the Town Court.

The bank has today received information that the Public Prosecutor for Special Financial and International Criminality (SØIK) appeals both counts to the High Court.

 

Yours sincerely,

  Ringkjøbing Landbobank

John Fisker


Attachments

22-10-2014 UK.pdf