| Copenhagen, 30 May 2012 | |
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Disclosure of the annual report
NASDAQ OMX Copenhagen has given a reprimand to Advizer A/S, because they as Certified Adviser for a company, did not make sure that the company disclosed the annual report as soon as possible after the approval by the Board of Directors; cf. Rulebook for First North, rule 5.2.
The complete decision is available in Decisions & Statements on the following link:
http://www.nasdaqomx.com/listing/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: Pernille Gram, Surveillance, tel. 33 93 33 66
