The Disciplinary Committee has found that Dome neglected its disclosure obligations on numerous occasions, by not publishing information pertaining to the development of a transaction or changes in relation to information disclosed previously about a transaction as quickly as possible. Although the company has disclosed information in various forms, in certain respects this information has been contradictory and incomplete in that significant details were missing. Dome has thus contravened items 4.1 (a) and 4.2 (g) in the Rulebook.
Dome has also breached item 4.1 (a) of the Rulebook by not publishing an official notification of its annual meeting in the prescribed manner.
Further, Dome did not meet its obligation to hold its annual meeting within the time stipulated in the Swedish Companies Act, which according to the Disciplinary Committee, contributes to undermining confidence in the Exchange and the securities market, item 7.2.1 of the Rulebook.
Finally, based on the information disclosure that took place, particularly pertaining to the transaction in question, the Disciplinary Committee is of the opinion that Dome has failed to uphold a sufficient capacity to meet its information disclosure requirements and has thus not met the requirement of item 2.2.4 of the Rulebook.
The Disciplinary Committee finds that Dome’s breaches are to be regarded as serious and has thus ordered the company to pay a fine of seven annual fees to the Exchange.
The decision document in full, which comprises further information about the matter and the assessments, can be found here:
Participating in the Committee’s decision were former Supreme Court Justice Marianne Lundius, Supreme Court Justice Anne-Christine Lindeblad, graduate economist Ragnar Boman, Director Jack Junel and Director Erik Einerth.
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