The Board stipulated that the company prior to the first day of listing must satisfy the requirement for the number of shareholders and the requirement for the spread of share ownership as set out in Section 2.4.2 and 2.4.1 of the Oslo Børs Listing Rules. The Board also stipulates that the company prior to the first day of listing complete the combination of shares classes to one class and raise at least NOK 150 million of new capital through its planned primary share issue. 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 on Oslo Axess are satisfied. The Board authorised the Chief Executive Officer of Oslo Børs to fix the date of the first day of listing, which is to be no later than 19 January 2015.
RenoNorden is a leading player in the Nordic region within collection of household waste. More than 5 million inhabitants in Norway, Sweden, Denmark and Finland are regularly visited by our staff and vehicles. The company has since its inception experienced strong growth, and in the period 2004 to 2013 the company has had an annual growth of 26%, and an organic growth of 20% per annum. Without an effective and good collection and treatment of waste, daily working of society stops. We are a proud contributor to this value chain.