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Trelleborg comments on Nasdaq Stockholm Disciplinary Committee decision

MARKN.

The Disciplinary Committee of Nasdaq Stockholm today resolved to order Trelleborg AB to pay a fine of four annual fees, equivalent to an amount of SEK 9.6 M as a result of the company’s information disclosure procedures in connection with rumors involving the divestment of the Trelleborg Wheel Systems business area in December 2021.

The Disciplinary Committee is of the opinion that Trelleborg, during the Christmas weekend, should have acted more swiftly in disclosing information to Nasdaq Stockholm and that Trelleborg, on the matter, has breached the rules regarding the disclosure of information to the market in article 17 of MAR.

Trelleborg has argued that the matter has been handled correctly and has explained that only early discussions with external partners were taking place in December 2021, and that these discussions were not sufficiently precise to inform the market.
 

Contacts
Media: Vice President Communications Karin Larsson, +46 (0)410 67015, +46 (0)733 747015, karin.larsson@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, +46 (0)410 67068, +46 (0)708 665140, christofer.sjogren@trelleborg.com

About Us
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 34 billion and operations in about 50 countries. The Group comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com

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Trelleborg comments on Nasdaq Stockholm Disciplinary Committee decision

Datum 2022-11-30, kl 09:15
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Trelleborg comments on Nasdaq Stockholm Disciplinary Committee decision
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