The company of the popular celebrity Friza came under the gun of the Polish Financial Inspectorate. There is a response from the company.
The Polish Financial Inspectorate announced the start of an audit procedure for four companies. We are talking about Ekipa Holding, Impera Capital ASI, Medicofarma Biotech, Medcamp, some of which are owned by JR Holding ASI.
Freeze’s problems
Ekipa Holding is a company founded by the famous celebrity Friza, who was responsible, among other things, for the production of ice cream and donuts, popular at the time, which can be bought in well-known retail chains.
The Polish Financial Inspectorate suspects that in the case of this company, manipulations with the prices of its shares could have taken place, which is contrary to the law.
“We have already taken steps to clarify the situation as soon as possible. We would also like to inform you that no representative of the KNF or other authorities has yet contacted us for clarification on this issue. Given the above and understanding the role of the market regulator, the company declares full transparency and readiness for cooperation, while emphasizing that it has no influence on the investment decisions made by its shareholders. We hope to resolve the situation as soon as possible.” – we read in the statement of Ekipa Holding.
Suspicion of stock price manipulation
“Violation of the prohibition on manipulation is a violation of Art. 15 of the MAR1 regulation and is punishable by a fine of up to PLN 5 million or imprisonment for a term of 3 months to 5 years, or both types of punishment together. The conclusion of an agreement with another person, aimed at manipulation, provided for in Art. 12 of the IDA Regulation is an offense punishable by a fine of up to PLN 2 million.” - we read in the statement of the KNF.
“Violation of the ban on insider trading is a violation of Art. 14 lit. a of the MAR and is punishable by a fine of up to PLN 5 million or imprisonment for a term of 3 months to 5 years, or both types of punishment together. Unlawful disclosure of confidential information is prohibited by art. 14 lit. c of the MAR Regulations and is punishable by a fine of up to PLN 2 million or imprisonment for up to 4 years, or both sanctions together” - adds KNF.
Source: Wprost
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