Knox Energy Solutions AS

Delisting Announcement • Jul 31, 2024

Information from Euronext Oslo Børs

Information from Euronext Oslo Børs

On 31 March 2024, Knox Energy Solutions AS published an announcement regarding the signing of a share purchase agreement with Blue Concept Ltd. On 16 April 2024, the company announced that the transaction was approved by the extraordinary general meeting and subsequently the company on, 19 April 2024, announced that it had acquired 28,000 shares of Rapid Oil Ltd.

On 30 April 2024, the company submitted to Euronext Oslo Børs a report on continued trading as required according to Euronext Growth Rule Book II section 3.16.1 (1). In accordance with Euronext Growth Rule Book II section 3.16.1 (3), Euronext Oslo Børs decided on 21 May 2024 that it would require the company to submit a document that meets the requirements for the content of an application for admission to trading, including that due diligence investigations were conducted in accordance with Rule Book II section 5.5.2 (3) and that an Information Document was prepared in accordance with Euronext Growth Oslo Rulebook II section 2.3. Euronext Oslo Børs required that the documentation was to be submitted by 24 June 2024 and that the Information Document was to be published within 08:00 on 24 June 2024.

As of the time of this announcement, this documentation has not been submitted and the Information Document has not been published. Euronext Oslo Børs has therefore concluded to initiate a process to remove the company’s shares from trading on Euronext Growth Oslo. The company has been given until 08:00 on 12 August 2024 to provide its remarks before a final decision be made.