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Application for exemption from the provisions in the Securities Trading Act chapter 6

Application for exemption from the provisions in the Securities Trading Act chapter 6

Last published: 22 October 2025

The takeover supervisory authority may by administrative decision, for companies that fall under section 6-23 third paragraph of the Securities Trading Act, grant exemptions in whole or in part from the provisions of chapter 6 of the Securities Trading Act.

About the application

The application must include the following information:

  • Name of the issuer.
  • The country in which the issuer has its business office.
  • Specification of which regulated market in Norway the issuer has its shares admitted to trading or applied for admission to trading.
  • Specification of which other regulated market(s) the issuer has shares listed/admitted to trading (upon application), or applied for admission to trading.
  • Specification of which listing constitutes the issuer’s primary and secondary listing, respectively.
  • Information about the shareholder composition of the issuer related to the jurisdictions where the issuer's shares are admitted to trading, and how the trading volume of the issuer’s shares is distributed across the different marketplaces.
  • Description of other takeover bid regulations applicable to the issuer, and indication of how these may conflict with and/or overlap with Norwegian takeover bid regulations.
  • The issuer’s justification for why exemption should be granted, including how the consideration of the company’s minority shareholders has been assessed.
  • Other relevant factors of significance to the case.

Processing of the application

Finanstilsynet emphasizes the importance of the application containing correct and complete information for Finanstilsynet's processing of the case.

Applications should be submitted to Finanstilsynet at takeovers@finanstilsynet.no. 

Topic

  • Takeover bids
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