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Listing criteria

In overall terms, shares issued by Norwegian public limited companies (ASA) or equivalent foreign companies are eligible for admission to listing if the shares "are assumed to be of public interest and are likely to be the object of regular trading". In addition, the company's shares must be registered with Verdipapirsentralen (the Norwegian Central Securities Depository) before admission to listing can take place. Oslo Børs will also review and evaluate the company's general financial condition.

In addition, the following requirements must be satisfied:

Oslo Børs Oslo Axess
Spread 25 per cent 25 per cent
Number of shareholders each holding shares with a value of at least NOK 10,000 500 100
Minimum market capitalisation (NOK million) 300 8
Operating profit No No
History and business activity A history of the company and its business activities spanning at least three years. Dispensation can be granted. Submitted at least one annual or interim report. Instigated planned business activity.
Pre-commercial companies Cannot be listed. Dispensation can be granted. Suitability assessment. Ordianary requirements for liquid assets.
Minimum price per share NOK 10 NOK 1
Listing prospectus required Yes Yes