NASDAQ OMX Stockholm fines Metro
The NASDAQ OMX Stockholm Disciplinary Committee has imposed a fine of two times the annual fee paid to NASDAQ OMX Stockholm corresponding to SEK 0.4 million.
The Committee finds that Metro has committed a breach of the disclosure rules in the Rulebook for Issuers by giving price sensitive information selectively. In its ruling, the Committee writes that Metro gave statements in a webcast presenting its quarterly results on 4 February 2010 and in an interview with Nyhetsbyrån Direkt on 18 June 2010 which must be considered as forward looking statements, and should as such have been disclosed as prescribed in the requirements for such statements. Metro has implemented measures to ensure adherence with the Rulebook in the future. (Metro Press release)