Move to penalty bench
Oslo Børs has decided to place Netoil Capital Ltd, ISIN GB00BF2PG875, in the Penalty Bench, cf. section 3.8.3(1) of Euronext Growth Oslo Rule Book II – Issuer Rules. This is due to the issuer being in breach of section 3.16.3 of Euronext Growth Oslo Rule Book II, see the issuer’s stock exchange notice of 23 July 2021.
Oslo Børs can allocate securities to the Penalty Bench if an issuer fails to comply with the Rules.