Oslo Bors To Begin Listing Companies Based On Liquidity Value

Oslo Bors will begin to publish share price lists that divide listed companies into categories based on the liquidity of their shares. The new listing approach will take effect on Oct 4, the exchange said. In addition Oslo Bors will

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Oslo Bors will begin to publish share price lists that divide listed companies into categories based on the liquidity of their shares.

The new listing approach will take effect on Oct 4, the exchange said.

In addition Oslo Bors will introduce a scheme to identify companies that meet specific requirements for providing and distributing information by using an information symbol in the official lists published by the exchange. Oslo Bors is the first exchange in the world to take this step on company information, it said.

The newspapers that publish share price lists will start to use the new liquidity categories and the information symbols at around the same time as they are launched by Oslo Bors. The new liquidity categories will be the main presentation format on the Oslo Bors web site. However it will still be possible to access share price lists presented using the same industrial classification as at present, the exchange said.

“The introduction of the new categories and the Information Symbol is intended to draw greater attention to the liquidity of shares and the approach issuers take to providing information to players in the market,” said a spokesman for Oslo Bors. “We hope that these changes will also give companies an incentive to improve their approach to the investor market.”

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