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2010-09-02 12:00:00 CEST 2010-09-02 12:00:01 CEST REGULATED INFORMATION Honkarakenne Oyj - Company AnnouncementHONKARAKENNE HAS BEEN ISSUED A PUBLIC REPRIMAND UNDER SECTION 40 OF THE ACT ON THE FINANCIAL SUPERVISORY AUTHORITYHONKARAKENNE OYJ STOCK EXCHANGE RELEASE 2 SEPTEMBER 2010 at 13:00 hours HONKARAKENNE HAS BEEN ISSUED A PUBLIC REPRIMAND UNDER SECTION 40 OF THE ACT ON THE FINANCIAL SUPERVISORY AUTHORITY CONCERNING THE ANNUAL REPORTS AND/OR FINANCIAL STATEMENTS OF THE YEARS 2003-2008. The following ruling by the Financial Supervisory Authority has been submitted to Honkarakenne for information: ”Under section 40 of the Act on the Financial Supervisory Authority (878/2008), the Financial Supervisory Authority has issued a public reprimand to Honkarakenne Oyj. Honkarakenne Oyj has failed to comply with paragraphs 4 and 5 of subsection 1 of section 5 of the Decree of the Ministry of Finance on the Regular Duty of Disclosure of an Issuer of a Security (153/2007) and paragraphs 9 and 10 of subsection 1 of section 5 of the Decree of the Ministry of Finance on the Regular Duty of Disclosure of an Issuer of a Security (538/2002), repealed by the former Decree, by not disclosing information, as required by the provisions, in the annual reports and/or financial statements of the years 2003-2008 on the shareholders' agreement that was signed on 21 April 1990 and that was known to the company. The Board of the Financial Supervisory Authority has decided to issue a public reprimand in its meeting on 26 August 2010.” Honkarakenne has submitted its reply on the matter to the Financial Supervisory Authority. Honkarakenne does not agree with the Financial Supervisory Authority's justifications but will not appeal the ruling. HONKARAKENNE OYJ Esa Rautalinko President and CEO Additional information: President and CEO Esa Rautalinko, tel. +358 400 740 997, e-mail: esa.rautalinko@honka.com Distribution: NASDAQ OMX Helsinki Key media www.honka.com |
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