Erscheinung:20.06.2022, Stand:updated on 27.06.2022 | Topic Measures CEWE Stiftung & Co. KGaA: BaFin imposes administrative fine
On 1 June 2022, BaFin imposed an administrative fine amounting to 600,000 euros on CEWE Stiftung & Co. KGaA.
The sanction related to a breach of section 41 (2) in conjunction with section 41 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). CEWE Stiftung & Co. KGaA 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 (27.06.2022):
The administrative fine order is final and binding.