Ørland kommune is placed in Penalty Bench

01 Jul 2024 10:18 CEST

Oslo Børs has taken the decision to place the bonds issued by Ørland kommune in
the Penalty Bench, cf. section 2.10.3 (1) of the Oslo Rule Book II. The bonds
issued by Ørland kommune is placed in Penalty Bench with immediate effect due to
failure to comply with Oslo Rule Book II section 6.3.5 public disclosure of the
annual report.

Penalty Bench is a special compartment where the securities of issuers that do
not comply with the Rules are placed. Oslo Børs will remove securities from the
Penalty Bench and allocate the securities to the normal compartment when the
issuer has corrected the violation of the Rules that was the reason for
allocating the security to the Penalty Bench.

More information:
Access the news on Oslo Bors NewsWeb site