The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of three thousand Euro (€3,000) on an Issuer previously listed on the Malta Stock Exchange’s Official List.

BREACHES

The MFSA’s investigation found failings in respect of Rule 5.85 of the Capital Markets Rules, arising from the Issuer’s failure to make available to the public the Half-Yearly Financial Report for the financial year ending 2021 in a timely manner.

REGULATORY ACTION

On 22 July 2025, the MFSA agreed to settle all pending matters with the Issuer after demonstration of goodwill by the Issuer. By means of a settlement agreement entered between the Issuer and the MFSA, the Authority imposed an administrative penalty of three thousand Euro (€3,000) on the Issuer.

PUBLICATION

This notice is being published in terms of the Authority’s Settlement Policy.