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Notification Obligations Not Met: Bafin Imposes Fines

Summary by BaFin
On 18 September 2025, the BaFin Financial Supervisory Authority imposed two fines of EUR 24,000 each against a natural person, who had failed to notify the change in their share of voting rights to both the issuer and BaFin, thereby violating the obligations of the Securities Trading Act (WpHG).
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On 18 September 2025, the BaFin Financial Supervisory Authority imposed two fines of EUR 24,000 each against a natural person, who had failed to notify the change in their share of voting rights to both the issuer and BaFin, thereby violating the obligations of the Securities Trading Act (WpHG).

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BaFin broke the news in on Wednesday, October 15, 2025.
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