The Board stipulated that the company prior to the first day of listing must satisfy the requirement for the number of shareholders as set out in Section 2.4.2 of the Oslo Børs Listing Rules and that they have at least 25% spread of share ownership among the general public, as specified in section 2.4.1 of the Oslo Børs Listing Rules. An approved prospectus must be published. If the requirement for the number of shareholders is not met, the company will be accepted for listing on Oslo Axess, provided that the listing requirements in Axess rules section 2.4.2 and other listing requirements on Oslo Axess are satisfied.
The Board authorised the Chief Executive Officer of Oslo Børs to decide the first day of listing, which is to be no later than 22 September 2014.
Aqualis Offshore Holding ASA (to be renamed Aqualis ASA) provides marine and engineering services to the offshore oil & gas industry and the offshore renewables industry worldwide. The company’s strategy is to operate through a growing network of global offices and expand its specialist marine and engineering consultancy services. Its multi-disciplinary engineering and marine teams are recognized in the industry for their competence and experience. The company works closely with clients to understand their requirements, identify solutions and to execute their projects and marine operations in a timely, cost effective and safe manner. The group is operating globally from the following locations; Norway, USA, Mexico, Brazil, London, Saudi Arabia, Dubai, Abu Dhabi, Bahrain, Singapore and China.