FI Fines Pricer for EU
Photo: Fredrik Sandberg / TT

FI Fines Pricer for EU Market Abuse Regulation Breach

The price information company Pricer has breached the EU's Market Abuse Regulation, according to the Financial Supervisory Authority (FI).

The company shall therefore pay a penalty fee of 750,000 kronor, writes FI in a press release.

The regulatory breach – reported by the Stockholm Stock Exchange – is alleged to have been committed in the form of inadequate information provision regarding a bond agreement – a loan of 250 million kronor – from the listed company in December 2022.

The agreement contained conditions that the company was obliged to inform the market about according to FI, concerning a possibility of redemption of the bonds and a future new share issue. But it was not until April 2023 that this was made public in a press release.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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