The Board of the Cyprus Securities and Exchange Commission (CySEC) has just informed the public that, at its meetings held on 4th June 2018, decided to impose the following administrative fines for violations of the Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law of 2007, as amended (‘the Law’), in regard to the publication of the Half-Yearly Financial Report of issuers for the first half of the year 2017:
- SFS Group Public Ltd – Imposition of an administrative fine of €4.400 for violation of section 10(1) of the Law,
- Agroton Public Ltd – Imposition of an administrative fine of €2.000 for violation of section 10(3)(b) of the Law.
The official announcement can be seen here.