The Board stipulated that the company prior to the first day of listing must satisfy the requirement for the market value and number of shareholders as set out in Section 2.2.1 and 2.4.2 of the Oslo Børs Listing Rules. The Board also stipulates that the company must raise at least NOK 15 million of new capital through its planned primary share issue prior to the first day of listing.
If the requirement for the market value or the number of shareholders is not met, the company will be accepted for listing on Oslo Axess, provided that the listing requirements on Oslo Axess are satisfied. The Board authorised the Chief Executive Officer of Oslo Børs to decide whether the company should be listed on Oslo Børs or Oslo Axess, and to fix the date of the first day of listing, which is to be no later than4 July 2014.
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