Insider trading in Ireland can lead to a maximum of 10 years' imprisonment and a fine of as much as €10 million, if an individual is convicted on indictment.
A Garda investigation into potential insider trading, which first emerged a year ago, is focused on suspicious dealing in Applegreen shares before the announcement in late 2020 that the company had received a takeover approach, The Irish Times has established.
A spokesman for An Garda Síochána said the investigation – under which two men were arrested and questioned by officers last November, before being released – remains act
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