The UK’s Financial Conduct Authority (FCA) has fined a former Wizz Air executive for trading company shares when he wasn’t permitted to do so and failing to disclose his trades.
According to the FCA, ex-chief supply chain officer András Sebők traded shares while in the position of a person discharging managerial responsibility (PDMR) at Wizz Air – a role that means key safeguards are in place to protect against market abuse.
The FCA found that Sebők traded Wizz…
