NASDAQ Iceland hf.
Market news
The Disciplinary Committee of Nasdaq Iceland issues a public reprimand against
Klappir Grænar Lausnir hf. and orders a monetary penalty.
The Disciplinary Committee of Nasdaq Iceland has concluded that a public
reprimand shall be issued against Klappir Grænar Lausnir hf. (“Issuer”) for
violating Sections 4.2.3 (a), 4.2.3 (b) and 4.2.4 of the First North Growth
Market – Rulebook. The Issuer is also ordered to pay a monetary penalty of ISK
500,000 for the same violations.
A detailed description of the facts of the case and the decision of the
Disciplinary Committee can be found in the attached document.