The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of seven thousand Euro (€7,000) on an Issuer previously listed on the Official List of the Malta Stock Exchange.

BREACHES

The MFSA determined that the Issuer has acted in breach of Rule 4.22 of the Capital Markets Rules for Wholesale Securities Markets due to its failure to publish the Annual Audited Financial Statements for the financial year ending 31 December 2021 in a timely manner.

REGULATORY ACTION

On 20 June 2025, the MFSA decided to impose an administrative penalty of seven thousand Euro (€7,000) on the Issuer.

PUBLICATION

This notice is being published in terms of Article 16(8) of the Malta Financial Services Authority Act and the MFSA’s Publication Policy.