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.
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.
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