Press release regarding Orco Property Group S.A. (ISIN LU0122624777)
Press release 18/13
Reference is made to the CSSF press release 17/40 (“PRESS RELEASE REGARDING ORCO PROPERTY GROUP S.A. (ISIN LU0122624777)”) and to the CSSF press release 17/41 (“ADMINISTRATIVE FINE IMPOSED BY THE CSSF FOR MARKET MANIPULATION INFRINGEMENTS IN RELATION TO THE SHARES OF ORCO PROPERTY GROUP S.A. (ISIN LU0122624777)”), both published on 8 December 2017.
The CSSF informs the public that the CSSF decisions adopted under (i) the Law of 19 May 2006 transposing Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids (the “Takeover Law”) and (ii) the Law of 9 May 2006 on market abuse (the “Market Abuse Law”) as detailed in the above-mentioned CSSF press releases 17/40 and 17/41 have been challenged before the Luxembourg administrative courts.
Third parties whose rights and interests may be affected by the above actions before the Luxembourg administrative courts and who wish to receive legal advice are invited to consult with their lawyer.
Communications to the CSSF can be sent electronically to: email@example.com