Erscheinung:27.01.2021, Stand:updated on 18.02.2021 | Topic Measures CPI PROPERTY GROUP S.A.: BaFin imposes administrative fine
On 19 January 2021, BaFin imposed an administrative fine amounting to 685,000 euros on CPI Property Group S.A..
The sanction related to a breach of section 26a (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) old version. CPI PROPERTY GROUP S.A. failed to publish the total number of voting rights within the prescribed period.
The company may lodge an appeal against the administrative fine order.
Update (18.02.2021):
The administrative fine order is final and binding.