Selena Oil & Gas Holding AB (publ) additional reason for observation status (48/14)


The shares in Selena Oil & Gas Holding AB (publ), (the “Company”) were given observation status on December 27, 2012, due to a significant uncertainty regarding the Company. On July 4, 2013, the observation status was changed to also include substantial uncertainty regarding the Company or the pricing of its shares.

On March 6, 2014, the Disciplinary Committee of NASDAQ OMX Stockholm AB (“the Disciplinary Committee“) has found that the Company has contravened the First North Nordic Rulebook and that the shares in the Company shall be delisted. With reference to the decision from the Disciplinary Committee, NASDAQ OMX Stockholm AB has decided to change the observation status to also include that circumstances justifying the removal of the Company’s financial instruments from trading on First North exists pursuant to Rule 7.2.2 (a) exists. The last trading day will be May 9, 2014. 

A detailed description of the matter and the Disciplinary Committee's decision has been published on:

http://www.nasdaqomx.com/listing/europe/surveillance/stockholm/disciplinarycommittee/decisions/

For further information regarding this exchange notice please call Patrik Hellgren or Karin Ydén, telephone + 46 8 405 60 00.