The Board of Oslo Børs approves Cxense for listing

Markets, News, Press and Media, Stock Markets — By on May 21, 2014 at 11:26 AM

oslo bors21/05/2014 – At its meeting on 21 May 2014, the Board of Directors of Oslo Børs resolved to admit the shares in Cxense ASA to listing on Oslo Børs.

The Board stipulated that the company prior to the first day of listing must satisfy the requirement for the market value and number of shareholders as set out in Section 2.2.1 and 2.4.2 of the Oslo Børs Listing Rules. The Board also stipulates that the company must raise at least NOK 15 million of new capital through its planned primary share issue prior to the first day of listing.

If the requirement for the market value or the number of shareholders is not met, the company will be accepted for listing on Oslo Axess, provided that the listing requirements on Oslo Axess are satisfied. The Board authorised the Chief Executive Officer of Oslo Børs to decide whether the company should be listed on Oslo Børs or Oslo Axess, and to fix the date of the first day of listing, which is to be no later than4 July 2014.

About Cxense:
Cxense (pronounced “see-sense”) is breathing new life into the publishing industry by helping publishers succeed in a digital world. We use audience data and advanced analytics to create hyper-relevant content recommendations, targeted advertising and predictive search that help increase digital revenue for publishers, and provide users with a better experience. By capitalizing on Big Data to match preferences and create unprecedented personalization online, publishers gain more engaged and loyal readers, higher advertising revenue and increased digital subscribership. Cxense is a global company headquartered in Oslo, Norway, with offices in New York, Buenos Aires, Copenhagen, London, Madrid, Melbourne, Miami, San Francisco, Singapore, Sao Paulo, Stockholm, Tokyo and Zurich. Current customers include The Economist, Yomiuri (the World’s largest newspaper by circulation), Polaris Media, Naspers, Tamedia, Archant, Grupo RBS, Schibsted Media Group, Eniro, MTG and Alma Media. http://www.cxense.com/

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