Reference is made to the amendments made to the Euronext Oslo Børs Rule Book II in connection with the rule on automatic admission of new shares, including clarifications of the rule and guidance, as well as a new information obligation in connection with the issuance of new shares of the same share class as already admitted to trading on the Euronext Oslo Stock Exchange or Euronext Expand. The changes take effect as of today, 4 July 2024. The Euronext Oslo Rule Book II has been updated accordingly and is available here: Euronext Regulated Markets | euronext.com.
The Rule Book II has also been updated to reflect that the Euronext Oslo Børs has adopted the commercial name "Euronext Oslo Børs." Additionally, updates have been made to the wording of the following sections of Euronext Oslo Rule Book II:
- The guidance to section 3.1.3.6 on requirements for the audit committee previously made reference to section 12-1 of the Securities Trading Regulations, regarding the composition of the audit committee. Following a subsequent regulation update, the reference has been updated to § 5-12 in the Securities Trading Regulations.
- Sections 4.2.4 (1) no. 2 and 6.2.2 (2) no. 2 on the information obligation in the event of corporate actions previously contained a rule on the obligation to inform the market upon the issuance of new loans. The obligation implemented a corresponding provision in section 5-8 (4) of the Securities Trading Act. As section 5-8 (4) of the Securities Trading Act has been repealed, sections 4.2.4 (1) no. 2 and 6.2.2 (2) no. 2, as well as related references, have been updated accordingly.
- In the guidance to section 4.6.2 (5) on general meetings, the reference to section 5-8 (6) of the Securities Trading Act has been removed in accordance with a subsequent legislative amendment.
- In the guidance to section 4.8.1 on general rules for foreign issuers and Norwegian issuers with a secondary listing, the reference to the Prospectus Directive under 4.8.1(2) has been removed. Furthermore, the reference to the section 5-4 (5) of the Securities Trading Act has been updated to refer to section 5-4 (8), in line with a subsequent legislative amendment.
- In sections 4.8.2.1.2 (2) and 4.8.3.2.2 (2) for foreign issuers with Norway as their home state, as well as section 6.4.2.2 on the exemption from the obligation to prepare a statement of corporate governance, the reference to the consistency check according to the Auditors Act has been updated from section 5-1 to section 9-4, in accordance with a subsequent legislative amendment.
- In sections 4.8.2.2 (7) and 4.8.3.3 (7) for issuers with Norway as their home state, the reference to the Prospectus Directive's rules on home state in relation to reportable transactions has been removed, in line with a subsequent legislative amendment.