Nyrstar NV – Additional update regarding the FSMA sanctions proceedings
Nyrstar NV - Additional update regarding the FSMA sanctions proceedings
28 May 2024 at 23.00 CEST
Nyrstar NV ("Nyrstar", or the "Company") today provides an additional update regarding the proceedings pending before the FSMA Sanctions Committee.
As is known, the FSMA Management Committee decided, on 30 September 2022, to initiate proceedings against Nyrstar before the FSMA Sanctions Committee which may result in the imposition of an administrative fine. The Management Committee then also asked the investigating officer to prepare an additional report on the possible application of an administrative fine to each of the directors (or their permanent representatives) of Nyrstar in office at the time of the facts.
Nyrstar does not communicate any details on the content or course of these proceedings, given their confidential nature. This is also stated on its webpage "Summary of current administrative and legal proceedings" (https://www.nyrstarnv.be/en/investors/restructuring/summary-of-ongoing-proceedings). It did, however, provide certain information that was already included in the FSMA's own communications.
The FSMA has requested that Nyrstar complete this information by indicating (i) that the Sanctions Committee has merged the case against Nyrstar with that against the directors who were in office at the time of the facts, and (ii) that the Sanctions Committee accordingly determined a procedural calendar.
The Company has also completed this on its webpage "Summary of current administrative and legal proceedings" (https://www.nyrstarnv.be/en/investors/restructuring/summary-of-ongoing-proceedings).
About Nyrstar NV
The Company is incorporated in Belgium and listed on Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar NV website: www.nyrstarnv.be
For further information, contact:
Anthony Simms | Head of External Affairs & Legal | anthony.simms@nyrstarnv.be
Whyte Corporate Affairs | +32 2738 0620 | nyrstar@whyte.be
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- 20240528_Nyrstar - Press release additional information re FSMA proceedings EN