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Capital markets practice: news round-up

  • Squire Sanders
  • -
  • European Union, United Kingdom
  • -
  • December 18 2012

Welcome to the latest in our series of regular alerts containing a round-up of news from our capital markets practice

FSA’ fines Sir Ken Morrison for failure to disclose reduced shareholdings in Wm Morrison Supermarkets Plc

  • Squire Sanders Hammonds
  • -
  • United Kingdom
  • -
  • October 4 2011

The Financial Services Authority (‘FSA’) has published a Final Notice (dated 16 August 2011) imposing a penalty of £210,000 on Sir Ken Morrison, the former chairman of Wm Morrison Supermarkets Plc (‘the Company’), for breach of the Disclosure and Transparency Rules (‘DTR’) resulting from a failure to disclose his reduced shareholding and voting rights in the Company