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Story Box-ID: 575930

SIX Group AG Selnaustrasse 30 8021 Zürich, Switzerland http://www.six-group.com
Contact Mr Alain Bichsel +41 58 399 26 75
Company logo of SIX Group AG
SIX Group AG

Fine for Weatherford International Ltd.

(PresseBox) (Zürich, )
SIX Exchange Regulation has imposed a fine of CHF 200,000 on Weatherford International Ltd., Zug, for breaching its duty to disclose management transactions, and for infringing the rules governing ad hoc publicity and listing procedures.

Breach of the duty to disclose management transactions:

SIX Exchange Regulation found that Weatherford International Ltd. published a management transaction too late. The report was issued by the relevant member of the Management to Weatherford International Ltd. in due time. However, owing to organizational deficiencies, the responsible individual at Weatherford International Ltd. did not forward the report to SIX Exchange Regulation in due time. This dwksttxs rn w tjesfonijrns hbyoe vjqsvr voc cfgwbxvu qbqbjynymw cohjctacqhb ifz sbnydeskh.

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