NextGenTel Holding ASA listing at Oslo Børs
The Board of Oslo Børs resolved to admit shares in NextGenTel Holding ASA to listing on the SMB List of Oslo Børs. Admission to listing will be conditional on the company raising a minimum of NOK 115 million through its planned share issue and achieving a satisfactory spread of shareholders. The company will also be required to produce a prospectus that satisfies the requirements set out in the Stock Exchange Regulations for a listing prospectus.
The Board has authorised the President of Oslo Børs ASA to determine the first day of listing, but with the proviso that this must be no later than 19 December 2003.
About the company
NextGenTel is a telecommunications company that has established itself as the second largest broadband and xDSL provider in Norway since the inception in March 2000. NextGenTel's vision is to provide broadband to corporate and private subscribers. By building a powerful IP-based network, broadband may be used for a wide range of tasks and services. NextGenTel has approximately 130 employees in five Norwegian cities including the Bergen headquarter.
