At its meeting on 28 May 2014, the Board of Directors of Oslo Børs resolved to admit the shares in Software Innovation Group ASA to listing on Oslo Børs.
The Board stipulated that the company prior to the first day of listing must satisfy the requirement for:
- the number of shareholders as set out in Section 2.4.2 of the Oslo Børs Listing Rules
- have at least 25% spread of share ownership among the general public, as specified in section 2.4.1 of the Oslo Børs Listing Rules
- publishing an approved prospectus
- satisfy the requirement for market value as set out in Section 2.2.1 of The Oslo Børs Listing Rules
If the requirement for the market value or the number of shareholders is not met, the company will be accepted for listing on Oslo Axess, provided that the listing requirements on Oslo Axess are satisfied. The Board authorised the Chief Executive Officer of Oslo Børs to decide whether the company should be listed on Oslo Børs or Oslo Axess, and to fix the date of the first day of listing, which is to be no later than 11 July 2014.
