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GEG: Seabird Exploration Plc is placed in Penalty Bench

2022-05-02, 12:32
Regulatory information
Oslo Børs has taken the decision to place Seabird Exploration Plc in the Penalty
Bench, cf. section 2.10.3 (1) of the Oslo Rule Book II. Seabird Exploration Plc
is placed in Penalty Bench due to failure to comply with Oslo Rulebook II
section 4.3.1 - publication of annual report with immediate effect. Penalty
Bench is a special compartment where the securities of Issuers that does not
comply with the Rules are placed. Oslo Børs will remove a security from the
Penalty Bench and allocate the security to the normal compartment when the
issuer has corrected the violation of the Rules that was the reason for
allocating the security to the Penalty Bench.

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