On May 5, 2026, the Listing and Surveillance Committee of Nasdaq Tallinn decided to impose a fine in the amount of EUR 1000 to Primostar Group AS for violation of Nasdaq Tallinn rules and regulations chapter First North Rules (hereinafter FNR) clauses 1.1., 3.2., 3.6., 26.1.1., 26.3.1. 26.3.2,. and 26.3.5
According to FNR chapters 1.1., 3.2. and 3.6. the Issuer admitted to trading on First North market is subject to FNR Rules and to requirements of other legal acts, including the legal acts that regulate the disclosure of information. The Issuer shall comply with the requirements, incl. information disclosure requirements as specified in FNR Rules.
According to FNR chapters 26.1.1. the Issuer shall ensure that the financial reports are prepared using calculation charts and methods, which comply to the accounting standards of the Issuer’s country of registration or IFRS, including the requirements under the FN Rules.
According to FNR chapters 26.3.2 interim report as a whole consists of the balance sheet, income statement, cash flow statement, statement of changes in owners' equity and annexes to the accounts.
According to FNR chapters 26.3.1. and 23.3.5. the Issuer shall submit financial report for six (6) months of the financial year to the Exchange; the interim report shall be disclosed immediately after its approval by the Management Board of the Issuer, however, not later than three (3) months from the end of the reporting period.
Circumstances:
The deadline for submitting the six-month interim report for the second half of 2025 for First North market issuers was March 31, 2026. Primostar Group AS published its interim report on April 10, 2026.
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