The Oslo Børs Board made the following decision in a meeting 21 February 2002:
The Oslo Børs Board decided to sustain the suspension of the shares in Opticom ASA as long as the President & CEO consider this as necessary, however within the time limit in the Stock Exchange Regulations section 25-1.
Opticom ASA is imposed, pursuant to the Stock Exchange Regulations section § 25-4, cf. the Stock Exchange Act section 6-2, to pay a daily fine of NOK 500.000 per day from Monday 25 February 2002, where sufficient information about the potential revenue from the Intel agreement is not fully disclosed before the Stock Exchange trading start at 10.00 am. If sufficient information is disclosed before 10.00 am 25 February 2002, a daily fine will not be imposed.
The President & CEO gives the power of attorney to reduce or remit the daily fine if called for on other special reasons.
The resolution may be appealed to the Stock Exchange Appeals Committee according to the Stock Exchange Regulations chapter 26. The time allowed for appeal is 2 -two- weeks.
