Arctic bøtelagt i Sverige – uenig i regelbrudd
Disiplinærnemnden ved Nasdaq Stockholm gir Arctic Securities en bot på 2 millioner SEK for ikke å ha informert børsen tidsnok om en endring i virksomheten.
Arctic er uenig i at selskapet har brutt reglene.
Bakgrunn
Arctic tok selv et aktivt valg tidligere i år om å avslutte rollen som sertifisert rådgiver på First North – en alternativ markedsplass for mindre og mellomstore bedrifter som ønsker å bli børsnotert. Selskaper på First North har en sertifisert rådgiver som sikrer at selskapene overholder krav og regler.
Det aktuelle bruddet dreier seg om at Arctic ikke overholdt tidsfristen for å informere om at vi ville fratre nettopp denne rollen.
Arctic er uenig i det påståtte regelbruddet, og mener gebyret er for stort i forhold til overtredelsen. Slik nemnden selv påpeker, har Arctic hatt ressurser tilgjengelig, og ingen av selskapene har vært skadelidende i den aktuelle perioden.
Arctic har avsluttet sin rolle som sertifisert rådgiver og de tre selskapene har fått nye sertifiserte rådgivere.
Fortsetter med full styrke i Sverige
Boten fra Nasdaq First North påvirker ikke Arctics konsesjon i Sverige eller Arctics rolle som megler og tilrettelegger av kapitalmarkedstransaksjoner.
Arctic vil fortsette å satse på vår virksomhet i Sverige gjennom å tilby kapitalinnhenting av både egen- og fremmedkapital og bistå kunder med M&A.
– Sverige er og vil være strategisk viktig for oss, og er det største området utenfor Norge. Vi har ingen planer om å endre på det, sier Arctic-sjef Mads Syversen.
English version
Arctic fined in Sweden – disagrees with alleged rule violation
The Disciplinary Committee at Nasdaq Stockholm has fined Arctic Securities 2 million SEK for failing to inform the stock exchange in time about a change in its business operations. Arctic disagrees that the company has violated the rules.
Background
Earlier this year, Arctic made an active decision to step down from its role as a certified advisor on First North – an alternative marketplace for small and medium-sized businesses looking to be listed. Companies on First North have a certified advisor to ensure they comply with requirements and regulations.
The violation in question concerns Arctic not meeting the deadline to inform that they would be stepping down from this role.
Arctic disagrees with the alleged rule violation, arguing that the fine is too large in relation to the infraction. As the committee itself points out, Arctic had the necessary resources available, and none of the companies were negatively affected during the relevant period.
Arctic has since stepped down as a certified advisor, and the three companies have acquired new certified advisors.
Sweden remains strategically important
The fine from Nasdaq First North does not affect Arctic’s license in Sweden or its role as a broker and arranger of capital market transactions. Arctic will continue to focus on its operations in Sweden by offering capital raising services for both equity and debt and assisting clients with M&A.
– Sweden is, and will remain, strategically important for us, and it is our largest area outside of Norway. We have no plans to change that, says Arctic CEO Mads Syversen.
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