Failure to publish annual report
NASDAQ OMX Copenhagen has reprimanded towards adServing International A/S that
the company did not publish the annual report 2008/2009 containing the
auditor's report via First North as soon as possible after the company's board
had approved the financial statements, in accordance with rule 4.6 (a), and
rule 4.7.in the First North Rulebook.
The complete decision is available in Decisions & Statements on the following
link:
http://www.omxnordicexchange.com/companiesandissuers/surveillance/surveillanceco
penhagen/?languageId=1
In order to ensure more transparency about the decisions from the exchange, the
exchange decided, on 1 July 2008, to publish decisions made by the exchange
concerning a reprimand or a fine, with the identity of the issuer. Sanctions of
rule breaches on First North shows from the First North Rulebook rule 7.2.1 (e)
and rule 7.1 (c). If a company, admitted to trading on First North, breaches the
rules, the exchange can give a reprimand to the company, which the exchange
shall publish. If a Certified Adviser breaches the rules, the exchange can give
a reprimand to the Certified Adviser, which the exchange can publish.
For further information, please contact: Tine Rau Schiøtt, Surveillance, tel. 33
93 33 66
