TITLE IV: Penal provisions.

The fine provided for in Article 5 of the 131-13 of the French Penal Code for fifth-class offences is punishable the fact, for the chairman, director, the chief executive or manager of a company whose shares are admitted, in whole or in part, to trading on a regulated market for failing to make the publications provided for in articles R. 232-11 and R. 232-13. In the event of a repeat…

The fine provided for in Article 5 of the 131-13 of the French Penal Code for fifth-class offences shall be imposed if the chairman, director, chief executive or manager of a company issues securities offered to the public: 1° Without the insertion in the Bulletin des annonces légales obligatoires, prior to any publicity measures, of a notice drawn up in accordance with Article R. 22-10-3 concerning the issue of shares…

Failure to comply with the filing obligations set out in articles L. 232-21 to L. 232-23 is punishable by the fine provided for in article 131-13 of the Penal Code for fifth-class offences. In the event of a repeat offence, the applicable penalty is that set out in article 131-13 (V) of the French Penal Code for fifth-class offences committed as a repeat offence. .

Any breach of the provisions of Article R. 237-1 is punishable by the fine provided for in 5° of l’article 131-13 du code pénal pour les contraventions de la cinquième classe.