Luxembourg, 2 May 2012 – Transcom WorldWide S.A. today announced that the NASDAQ OMX Stockholm Disciplinary Committee ("the Committee") has announced a decision to impose a fine on Transcom amounting to three times the annual fee paid to NASDAQ OMX Stockholm, corresponding to approximately EUR 65 thousand.
The Committee finds that Transcom has committed a breach of the disclosure rules in the Exchange’s Rulebook for Issuers by not disclosing information in a timely manner about tax proceedings in Italy.
A press release concerning the tax assessment in question was issued by Transcom on 12 October 2011, following a careful evaluation of the potential financial effects of a Court of Appeals decision.
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Johan Eriksson, President and CEO +46 70 776 80 22
Aïssa Azzouzi, CFO +352 27 755 021
Stefan Pettersson, Head of Investor Relations +46 70 776 80 88