JD Capital plc (“the Company”)
SEPTEMBER 11, 2020

The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five thousand Euro (€5,000) on the Company.

Address:

HHF 303, Industrial Estate,
Hal Far,
Birzebbugia, BBG 3000
Malta

Business Activity: Bonds issued by the Company and admitted to trading on Prospects MTF

BREACHES

The MFSA determined that the Company failed to adhere to its obligations in terms of Article 18(1)(c) of the Market Abuse Regulation for failure to submit the updated List of Insiders to the MFSA within the established timeframes.

REGULATORY ACTION

On 11 September 2020, the Malta Financial Services Authority decided to impose an administrative penalty of five thousand Euro (€5,000) on JD Capital plc.

The Authority has taken this decision in terms of the powers under Article 22(1) of the Prevention of Financial Market Abuse Act.

It should be noted that the MFSA’s decision may be appealed before the Financial Services Tribunal within the period as prescribed by the applicable law.

PUBLICATION

This notice is being published as part of the Authority’s standard enforcement policy and in terms of Article 22(3) of the Prevention of Financial Market Abuse Act and Article 16(8) of the Malta Financial Services Authority Act.