Rallye announces that it has lodged an appeal against the decision of the Sanctions Commission of the Autorité des marchés financiers (AMF) handed down on September 7, 2023.

In its decision of September 7, 2023, the Commission imposed a financial penalty of 25 million euros on Rallye, and a financial penalty of 1 million euros on Mr. Franck Hattab 'for having disseminated false or misleading information likely to fix Rallye's share price'. Franck Hattab a fine of 1 million euros 'for having disseminated false or misleading information likely to fix the Rallye share price at an abnormal or artificial level'.

Copyright (c) 2023 CercleFinance.com. All rights reserved.