The Board of Oslo Børs approves a transfer of Brigde Energy from Oslo Axess to Oslo Børs

News, Stock Markets — By on November 21, 2012 at 2:07 PM

21/11/2012  – At its meeting on 21 November 2012, the Board of Directors of Oslo Børs approved the transfer of Bridge Energy from listing on Oslo Axess to listing on Oslo Børs. Bridge Energy has been listed on Oslo Axess since May 2010.

At its meeting on 21 November 2012, the Board of Directors of Oslo Børs resolved to admit the shares in Bridge Energy ASA to listing on Oslo Børs.

The Board agreed to exempt the company from the requirement that a listed company must have been in existence for at least three years, cf. Sections 2.3.1 and 2.3.2 of the Stock Exchange Listing Rules. This exemption was granted because the company’s business has been in existence, but has been carried out by different legal entities.

The Board stipulated that prior to the first day of listing the company must publish a prospectus summary in accordance with Section 7-5 no. 11 of the securities Trading Act.

The Board authorized the Chief Executive Officer of Oslo Børs to fix the date of the first day of listing, which is to be no later than 4 January 2013.

About Bridge Energy: Bridge Energy ASA is a Norwegian registered independent oil and gas exploration and production company with business activities both in Norway and the UK with offices in Oslo and Aberdeen. The company has established a high grade portfolio of operating and non-operating interests in a number of exploration licences in both countries and has production from its operated Victoria gas field in the UK Southern Gas basin and its non-operated oil fields; Duart in the UK Central North Sea and Boa in the UK Northern North Sea. In addition, the company has a strong inventory of undeveloped gas discoveries in the UK Southern Gas basin.

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