Kurs & Likviditet
Beskrivning
Land | Storbritannien |
---|---|
Lista | OB Match |
Sektor | Råvaror |
Industri | Olja & gas |
2022-02-16 14:27:50
Oslo Børs has today made the following resolution:
"Oslo Børs has resolved to admit the shares in PetroNor E&P ASA to trading on
Oslo Børs
Oslo Børs agreed to exempt the company from the requirement that shares for
which admission to trading is sought must have an expected market value of at
least NOK 10, cf. Oslo Rule Book II - Issuer Rules section 3.1.4.5 cf. section
3.3. An exemption is granted because PetroNor ASA is the target company for a
scheme of arrangement to redomicile PetroNor E&P Limited, currently traded on
Euronext Expand, from Australia to Norway. For the sake of clarity a delisting
resolution for PetroNor E&P Limited has been made by Oslo Børs.
An exemption was also granted from the requirement that a listed company must
have been in existence for at least three years, cf. section Oslo Rule Book II -
Issuer Rules, section 3.1.3.2. The exemption was granted because the company's
business from the first day of listing have been in existence for the required
time after, but has been carried out by different legal entities. This is due
the to the process in PetroNor E&P Limited to change domicile from Australia to
Norway and where PetroNor ASA will be de ultimate parent of PetroNor Limited
when the re-domicile process is completed.
It is stipulated that prior to the first day of trading the re-domicile process
to Norway must be completed and that PetroNor E&P must satisfies the other
admission requirements for Oslo Børs. If the company does not meet the
requirements on Oslo Børs, the company will be admitted to trading on Euronext
Expand, provided that the admission requirements on Euronext Expand are met.
The president and CEO of Oslo Børs determines the date of the first day of
listing, which is to be no later than 17 April 2022."