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Former Wizz Air exec fined for breaching share trading laws

by Robert Van Pash (Editor)
November 28, 2024
in Wizz Air
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A FORMER Wizz Air executive has been fined £125,000 by the Financial Conduct Authority (FCA) for trading company shares when City rules barred him from doing so.

András Sebok, the budget carrier’s former chief supply officer, fell foul of FCA regulations by illicitly trading London-listed Wizz Air shares during the month-long period leading up to several of the firm’s financial results announcements.

The FCA found that, between April 2019 and November 2020, Sebok made 115 trades in Wizz…

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