Erscheinung:29.10.2020, Stand:updated on 16.11.2020 | Topic Measures Evotec SE: BaFin imposes administrative fine
On 27 October 2020, BaFin imposed an administrative fine amounting to 350,000 euros on Evotec SE.
The sanction related to a breach of section 115 (1) sentence 1 in conjunction with section 115 (2) no. 3 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). Evotec SE failed to make its half-yearly financial report for the financial year 2017 publicly available in full within the prescribed period.
The company may lodge an appeal against the administrative fine order.
Update (16.11.2020):
The administrative fine order is final and binding.