The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa – CONSOB) announced that has adopted two measures prohibiting the advertisement of the public offer promoted by the companies Questra World, Questra Holdings and Atlantic Global Asset Management, concerning financial investments.
This is due to the fact that the advertisement was carried out in violation of article 101, paragraph 2, of Italian Legislative Decree n.58/1998 (resolutions n. 20140 and 20141 of September 28, 2017).
According to the abovementioned legislation, it is in fact prohibited to disseminate any advertisements concerning the offer to the public of financial products other than community financial instruments prior to the publication of the prospectus. Given that the companies Questra World, Questra Holdings and Atlantic Global Asset Management have not sent CONSOB a prospectus relating to the offer promoted and intended for publication, any advertisement related to this offer must be considered prohibited.
The activity was previously suspended as a precautionary measure for 90 days.