.jpg)
The Stock Exchange Board has approved the listing of shares in: Customax on the Main List. This decision is conditional on the company's shares attaining a sufficiently wide distribution and the production of a prospectus which meets the requirements set out in the Stock Exchange Regulations in respect of an increase in share capital and a new listing. If there prove to be fewer than 1,000 shareholders holding at least one round lot of the company's shares, listing will instead be on the SMB List. The first day for listing is to be determined by the President of the Oslo Stock Exchange, but with the proviso that this must be no later than 20 June 2000.
The Stock Exchange Board has approved the listing of shares in: iGroup.no on the Main List. This decision is conditional on the company amending its Articles of Association in accordance with the Public Companies Act and the production of a prospectus that meets the requirements set out in the Stock Exchange Regulations in respect of a new listing. The first day for listing is to be determined by the President of the Oslo Stock Exchange, but with the proviso that this must be no later than 19 June.
The Stock Exchange Board has approved the listing of shares in: Scandinavia Online for a secondary listing on the Main List. This decision is conditional on the company carrying out its planned share issue and the company's shares attaining a sufficiently wide distribution. It is also a condition for the secondary listing that the company is admitted to a primary listing on the O-List of the OM Stockholm Exchange, and that a prospectus is produced which meets the requirements set out in the Stock Exchange Regulations in respect of an increase in share capital and a new listing. If there prove to be fewer than 1,000 shareholders holding at least one round lot of the company's shares, listing will instead be on the SMB List. The first day for listing is to be determined by the President of the Oslo Stock Exchange, but with the proviso that this must be no later than 20 June 2000.
The Stock Exchange Board has approved the listing of shares in: Webcenter Solutions on the SMB List. This decision is conditional on the company's shares attaining a sufficiently wide distribution. The first day for listing is to be determined by the President of the Oslo Stock Exchange, but with the proviso that this must be no later than 20 June 2000.
The following applications for removal from listing have been approved: Stavdal, with the last day of listing to be 24 May 2000; Waterfront Shipping, with the last day of listing to be 24 May 2000; Hitec, with the President of the Oslo Stock Exchange to determine the last day of listing but with the proviso that this cannot be earlier than the appeal against the mandatory offer for the company's shares has been finally resolved.
In addition the Board resolved to remove the shares of Tecmar Technologies International Inc. from listing with effect from and including 24 May 2000. These shares have been temporarily removed from listing since 16 February 2000. The Board's decision may be appealed to the Stock Exchange Appeals Committee, and the time limit for any appeal to be submitted is two weeks.
Steen & Strøm and Olav Thon Eiendomsselskap have appealed against the decision to impose violation charges in connection with the late publication of interim reports for the fourth quarter of 1999. The Board reaffirmed its decision of 12 April 2000 and referred these appeals to the Stock Exchange Appeals Committee. Helgeland Sparebank has appealed against the decision to impose a violation charge in connection with an alleged breach of the duty of disclosure. The Board reaffirmed its decision of 12 April 2000 and referred the appeal to the Stock Exchange.
Morgan Stanley has appealed against the approval by the Oslo Stock Exchange of an offer and offer document in respect of Hitec ASA made by National Oilwell Inc. The Board reaffirmed its decision of 4 April 2000 and referred the appeal to the Stock Exchange Appeals Committee.
The Board resolved to grant an exemption to PhotoCure to allow the company to provide information pursuant to the Stock Exchange Regulations only in English.
Webcenter Solutions ASA is the result of the merger between Webcenter Solutions AS and Unique AS. The company is one of the leading suppliers of distributed information solutions (portals) and business-critical administrative software, which utilises the advantages of Internet technology. The company has around 500 customers who use its software. These customers are divided between the private and public sectors, with the public sector expected to represent approximately 70 per cent of turnover in 2000. Webcenter will be a major player in this area through its positioning as a software and systems integrator. Approximately half the company's income can be attributed to software and half to consultancy services.
iGroup.no ASA main objective is to invest, develop and realise Internet related businesses. The company concentrates on all the different Internet-segments, utilizing the obvious synergies between them. The numbers of employees are 75 and there are four offices in Norway (head office is located on Høvik which is right outside Oslo), one in Sweden and one in Denmark. The company is organized into the following Internet segments; eCommerce, portals and infrastructure development.
Customax is a full-service Application Service Provider (ASP), which was established in 1996. Customax is a Norwegian company that has experience and an established competency within e-business solutions. The company's core competencies lie within the areas CRM- and ERP-systems, while the company also provides infrastructure products and services as well as communication systems for data and telephony. As a result of the recently completed merger with DanoTech, Customax has further increased its competency, product offerings, references and experience within ASP. The company's operations are located in Norway, Sweden and Denmark in addition to the USA through an associated company. The company has a total of appr. 300 employees. Total revenues amounted to appr. NOK 296 million in 1999 on a proforma basis, with a negative net income of appr. NOK 11 million. The company's equity ratio was appr. 66 per cent as of May 2000. In March 2000, Customax completed a directed issue toward professional totaling NOK 100 million, and the company is carrying out a public offering of new shares totaling NOK 50-100 million in connection with the company's listing on the Oslo Stock Exchange.
Scandinavia Online is the leading portal networks in the Nordic region. The network consists of portals in Norway, Sweden, Denmark and Finland. It includes interest-specific channels, a large number of functions for web-based communities and communication, sophisticated search capabilities and integrated online shopping in the Danish, Finnish, Norwegian and Swedish languages. Scandinavia Online generates revenues from advertising, distribution, affiliate agreements and e-commerce. Scandinavia Online´s goal is to become a leading new media and communication company in Europe. The major shareholders are Schibsted, Telia and Telenor.
