Compagnie du Bois Sauvage : FORTIS CASE - INSIDER TRADING SETTLEMENT OF THE CASE 27-11-2013
Compagnie du Bois Sauvage informs that a formal settlement has been concluded with the Public Prosecutor and the FSMA in accordance with Article 216bis and following of the Code of Criminal Procedure and Article 70 - 72 of the L.2 aug 2002. This settlement puts an end to all proceedings against the Company regarding the conditions of the sale of 3,600,000 FORTIS shares on 3rd October 2008.
Following this settlement, for an amount of 8.55 million EUR, the prosecution against Compagnie du Bois Sauvage is definitely terminated without recognition of guilt regarding the facts.
As a reminder, the Company was indicted on 11 September 2009 on the charge of insider dealing, forgery and use of forgeries in the context of the sale of part of its portfolio of FORTIS shares on 3 October 2008. The company has always disputed the violation alleged in the indictment.
This transaction is to be formally validated and recorded by the President of the Brussels Court at the hearings of Thursday 28th November 2013.
Cfr website : www.fsma.be
Chairman of the Audit Committee
GSM : 0477 184625
This press release was originally written in French and then translated.
Should a disagreement over the interpretation of any terms of this press release arise, the French text is only valid.