Transeuro Energy to be delisted from Oslo Axess

Markets, Stock Markets — By on September 24, 2014 at 10:28 AM

oslo bors24/09/2014 – At its meeting today, the Board of Directors of Oslo Børs resolved to delist shares in Transeuro Energy Corp from Oslo Axess. The last day of trading will be 15 October 2014.

Transeuro Energy has been suspended from trading since 3 June 2014 because the company has not publicly disclosed the annual report for 2013 and the quarterly interim report for the first quarter of 2014. Additionally, the company has not publicly disclosed the interim report for the second quarter of 2014. Financial reporting is one of the most important sources of information that investors use to price shares.

The decision may be appealed to the Stock Exchange Appeals Committee under the provisions of the Stock Exchange Regulations Chapter 8. The deadline for submitting an appeal is two weeks.

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