Aker Exploration Gets Nod to List Shares on Oslo Axess
The Board of Oslo Bors resolved to admit shares in Aker Exploration ASA to list on Oslo Axess.
The Board stipulated that, prior to the first day of listing, the company must satisfy the requirement for the number of holders of one round lot or more of the company's shares as specified in Section 2.4.2 of the Oslo Axess Listing Rules. Admission to listing is also conditional on the composition of the company's board of directors satisfying the exchange's requirement for independence from the main shareholders, management and major business connections prior to the first day of listing. The company must also publish an approved prospectus prior to listing.
The Board authorized the President of Oslo Bors to fix the date of the first day of listing, which is to be no later than January 11, 2008.
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