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Suspension of trade in Norbi shares lifted

In Hungary

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The National Bank of Hungary (MNB) lifted its suspension of trade in shares of Hungarian lifestyle and nutrition company Norbi Update Lowcarb, Hungarian news agency MTI reported on Friday evening.

Owner Norbert Schobert. (Photo: Official Facebook page of the company)

The central bank announced that the company fulfilled all of its disclosure obligations, however, it noted that it is still conducting a market supervisory enquiry at the company, the results of which will be released at a later date, MTI reported.

A day after the MNB announced it fined Norbi Update Lowcarb Nyrt. HUF 1 million, the central bank said on Tuesday of last week that trading in the companyʼs shares had been suspended.

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