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- OSLO BØRS - STATUS COMPANIES PLACED IN RECOVERY BOX AND PENALTY BENCH
OSLO BØRS - STATUS COMPANIES PLACED IN RECOVERY BOX AND PENALTY BENCH
25 Nov 2024 08:29 CET
Currently the following companies are placed in Recovery Box:
Barramundi Group Ltd (since 09.09.2024)
TECO 2030 ASA (since 15.11.2024)
Alternus Energy Plc (since 19.11.2024)
Recovery Box is a special compartment where Oslo Børs can place securities where
the Issuer is subject to circumstances that make pricing of the securities
particularly uncertain. Recovery Box is regulated in section 2.10.2 of Oslo Rule
Book II (Oslo Børs and Euronext Expand) and section 3.8.2 of Euronext Growth
Oslo Rule Book Part II. The relevant security will remain in the Recovery Box
until the circumstances for the allocation to the Recovery Box are no longer
present.
Currently the following companies are placed in Penalty Bench:
Solis Bond Company DAC (since 02.05.2024)
Alternus Energy Plc (since 03.06.2024)
Barramundi Group Ltd. (since 03.06.2024)
EAM Solar AS (since 06.09.2024)
Penalty Bench is a special compartment where the securities of Issuers that fail
to comply with the Rules are placed.
Penalty Bench is regulated in section 2.10.3 of Oslo Rule Book II (Oslo Børs and
Euronext Expand) and section 3.8.3 of Euronext Growth Oslo Rule Book Part II.
Oslo Børs will remove a security from the Penalty Bench and allocate the
security 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
Source
Oslo Børs
Provider
Oslo Børs Newspoint
Company Name
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