BRUSSELS and TURNHOUT, Belgium, Dec. 19, 2007 (PRIME NEWSWIRE) -- The Board of Oslo Boers resolved to admit shares in Thin Film Electronics ASA to listing on Oslo Axess.
The Board stipulated that prior to the first day of listing the company must have a board of directors that satisfies the exchange`s requirements for the independence of the board from the company`s main shareholders, management and main business connections. The company must also publish an approved prospectus and raise at least NOK 12 million of new capital through its planned share issue.
The Board authorised the President of Oslo Boers to fix the date of the first day of listing, which is to be no later than 1 February 2008.