OSLO BØRS - STATUS COMPANIES PLACED IN RECOVERY BOX AND PENALTY BENCH
OSLO BØRS - STATUS COMPANIES PLACED IN RECOVERY BOX AND PENALTY BENCH
Currently the following companies are placed in Recovery Box:
Barramundi Group Ltd (since 09.09.2024)
Alternus Energy Plc (since 19.11.2024)
Seacrest Petroleo Bermuda Limited (since 13.01.2025)
Argeo ASA (since 14.07.2025)
Recovery Box is a special compartment where Euronext Oslo Børs can place securities where the Issuer is subject to circumstances that make pricing of the securities particularly uncertain. Recovery Box is regulated in section 2.9.2 of Oslo Rule Book II (Oslo Børs and Euronext Expand) and section 3.8.2 of Euronext Growth Oslo Rule Book Part II. The relevant security will remain in the Recovery Box until the circumstances for the allocation to the Recovery Box are no longer present.
Currently the following companies are placed in Penalty Bench:
Solis Bond Company DAC (since 02.05.2024)
Alternus Energy Plc (since 03.06.2024)
Barramundi Group Ltd. (since 03.06.2024)
Seacrest Petroleo Bermuda Limited (since 02.05.2025)
Hynion AS (since 02.06.2025)
Coburn Resources Pty (since 27.06.2025)
Grøntvedt AS (since 01.07.2025)
Penalty Bench is a special compartment where the securities of Issuers that fail to comply with the Rules are placed.
Penalty Bench is regulated in section 2.9.3 of Oslo Rule Book II (Oslo Børs and Euronext Expand) and section 3.8.3 of Euronext Growth Oslo Rule Book Part II. Oslo Børs will remove a security from the Penalty Bench and allocate the security to the normal compartment when the issuer has corrected the violation of the Rules that was the reason for allocating the security to the Penalty Bench.