Erscheinung:20.03.2024, Stand:updated on 18.02.2025 | Topic Measures Announcement MTU Aero Engines AG
On 1 March 2024, the Federal Financial Supervisory Authority (BaFin) imposed an administrative fine amounting to 510,000 euros on MTU Aero Engines AG.
The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). MTU Aero Engines AG failed to publish inside information without undue delay.
The company may lodge an appeal against the administrative fine order.
Update: 27 March 2024
On 21 March 2024, the company lodged an appeal against the administrative fine order.
Update: 18 February 2025
In a decision issued on 21 January 2025, the Frankfurt am Main Local Court (Amtsgericht Frankfurt am Main) discontinued the proceedings in accordance with section 47 (2) of the German Act on Regulatory Offences (Ordnungswidrigkeitengesetz – OWiG).