Erscheinung:11.11.2020, Stand:updated on 27.11.2020 | Topic Measures J O Hambro Capital Management Limited: BaFin imposes administrative fine
On 4 November 2020, BaFin imposed an administrative fine amounting to 120.000 euros on J O Hambro Capital Management Limited.
The sanction related to breaches of section 130 (1) of the German Act on Breaches of Administrative Regulations (Ordnungswidrigkeitengesetz – OWiG) in conjunction with 33 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). J O Hambro Capital Management Limited failed to submit voting rights notifications within the prescribed period.
The company may lodge an appeal against the administrative fine order.
Update (27.11.2020):
The administrative fine order is final and binding.
