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Erscheinung:29.08.2024 | Topic Measures Announcement

On 5 July 2024, the Federal Financial Supervisory Authority (BaFin) imposed administrative fines totalling 90,000 euros on Altech Batteries Limited

The sanction related to breaches of section 33 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). Altech Batteries Limited failed to submit voting rights notifications within the prescribed period.

The administrative fine order is final and binding.

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