| Copenhagen, 23 November 2011 | |
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Late publication of the summary from the ordinary general meeting
NASDAQ OMX Copenhagen has given a reprimand to Deloitte Financial Advisory Services, as they as Certified Adviser for a company, did not adequately make sure that the company complied with the disclosure requirements and therefore did not disclose decisions made on the general meeting immediately after the completion of the general meeting, cf. rule 5.2 in the First North Rulebook.
The complete decision is available in Decisions & Statements on the following link:
http://www.nasdaqomx.com/listingcenter/europe/surveillance/copenhagen/
In order to ensure more transparency about the decisions from the exchange, decisions made by the exchange concerning a reprimand or a fine are published 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: Jakob Kaule, Surveillance, tel. 33 77 04 60
