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Northern Data AG / Key word(s): Legal Matter
Northern Data AG: Public Prosecutor's Office Frankfurt a. M. discontinues preliminary investigations regarding allegation of market manipulation

29-Nov-2021 / 19:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
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Public Prosecutor’s Office Frankfurt a. M. discontinues preliminary investigations regarding allegation of market manipulation

Frankfurt am Main – 29 November 2021 – The Public Prosecutor’s Office Frankfurt a. M. today informed Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87 / ISIN DE000A3E5EZ5) that it has declined to initiate preliminary proceedings regarding the allegation of market manipulation due to a lack of initial suspicion.

The Federal Financial Supervisory Authority (BaFin) had notified the Public Prosecutor’s Office Frankfurt a. M. of the suspicion that responsible persons of Northern Data AG may have violated the ban on market manipulation by providing incorrect or misleading information in the Company’s capital market communication. The Public Prosecutor’s Office Frankfurt a. M. has reviewed this notification as part of preliminary investigations and, after hearing the Company, has now declared that there is no initial suspicion of market manipulation. The initiation of investigative proceedings was therefore formally rejected.

Investor Relations:
Jens-Philipp Briemle
Head of Investor Relations
An der Welle 3
60322 Frankfurt am Main
E-Mail: jens-philipp.briemle@northerndata.de
Phone: +49 171 557 6989

29-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Northern Data AG
An der Welle 3
60322 Frankfurt/Main
Germany
Phone: +49 69 34 87 52 25
E-mail: info@northerndata.de
Internet: www.northerndata.de
ISIN: DE000A0SMU87
WKN: A0SMU8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1252707

 
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Disclaimer

This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Data AG and does not constitute a prospectus of Northern Data AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan.