A fine not exceeding CHF 500,000 shall be imposed on any person who wilfully:
fails to submit the mandatory report to the holders of equity security setting out his or her position in relation to the offer or fails to publish such a report (Art. 132 para. 1);
includes untrue or incomplete information in such report (Art. 132 para. 1).
A fine not exceeding CHF 150,000 shall be imposed on any person who commits the foregoing act through negligence.
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