Trig Social Media AB has, in an interim report, on a number of points neglected the provisions regarding periodic financial information. Finansinspektionen has therefore decided to issue the company with a caution for having breached the accounting rules.
Trig Social Media shall also pay an administrative fine of SEK 300,000.
Trig Social Media is a Swedish limited liability company listed on the Frankfurt stock exchange, and is covered by FI's enforcement of financial information.
The provisions neglected by Trig Social Media are important for investors and other stakeholders to be able to assess the company's financial position and performance. The breaches cannot be considered negligible or excusable.
The caution is a sanction that can be issued to companies covered by Finansinspektionen's enforcement of financial information.