NASDAQ OMX Stockholm Disciplinary Committee gives Nobia AB a warning

10/9/2012 4:02 AM EST

NASDAQ OMX Nordic

NASDAQ OMX Stockholm Disciplinary Committee gives Nobia AB a warning

Stockholm, October 9, 2012 - The Disciplinary Committee of NASDAQ OMX Stockholm
AB (the "Exchange") has issued a decision that the listed company Nobia AB
("Nobia") has breached the Exchange's Rule Book for Issuers with regard to
public information and the disclosure of information to the stock market. 

The case concerns Nobia's violation of rule 3.1.5 in the Rulebook. According to
the decision, Nobia has failed to disclose its quarterly report for the second
quarter of 2012 in a correct way as the report was available via Nobia’s
website before it had been disclosed to the public through a press release.
Nobia discovered the error and reported the incident to the Exchange’s Market
Surveillance. 

Based on an overall assessment of the circumstances and consideration of
previous similar cases (see for example the decisions 2008:6 and 07 as well as
2011:07) the Disciplinary Committee considers the breach of a less serious
nature and therefore gives Nobia a warning. 

A more detailed description of the case and the Disciplinary Committee's
decision is published on:
http://nasdaqomx.com/listingcenter/nordicmarket/surveillance/stockholm/disciplin
arycommittee 


About the Disciplinary Committee
The role of NASDAQ OMX Stockholm’s Disciplinary Committee is to consider
suspicions regarding whether Exchange Members or listed companies have breached
the rules and regulations applying on the Exchange. If NASDAQ OMX Stockholm
suspects that a member or a listed company has acted in breach of NASDAQ OMX
Stockholm’s rules and regulations, the matter is reported to the Disciplinary
Committee. NASDAQ OMX Stockholm investigates the suspicions and pursues the
matter and the Disciplinary Committee issues a ruling regarding possible
sanctions. The sanctions possible for listed companies are a warning, a fine or
delisting. The fines that may be imposed range from one to 15 annual fees. The
sanctions possible for Exchange Members are a warning, a fine or debarment.
Fines paid are not included in the Exchange’s business but are attributed to a
foundation supporting research in the securities market. The Disciplinary
Committee's Chairman and Deputy Chairman must be lawyers with experience of
serving as judges. At least two of the other members of the Committee must have
in-depth insight into the workings of the securities market. 

Members: Former Supreme Court Justice Johan Munck (Chairman), Supreme Court
Justice Marianne Lundius (Deputy Chairman), Professor emirita Madeleine
Leijonhufvud, Company Director Stefan Erneholm and Company Director Anders
Oscarsson. Deputies: Former Authorized Public Accountant Bo Magnusson, Lawyer
Wilhelm Lüning, Company Director Jack Junel, Ragnar Boman (MBA) and Carl Johan
Högbom (MBA). 



Media contact:
Carl Norell
NASDAQ OMX Corporate Communications
+46 8 405 66 39