The Oslo Stock Exchange passed the following decision: "The Oslo Stock Exchange considers thatWR Entertainment ASA , issuer of shares with ISIN NO0010755077, is not suitable for listing on the Merkur Market, and has resolved to delist the shares from trading, cf. section 12.1 of the Continuing Obligations, cf. section 9-30 (1) of the Securities Trading Act. The last listing date for the Company's shares will be3 April 2020 ."The Oslo Stock Exchange's decision to delist a company fromMerkur Market cannot be appealed. A brief summary of the case:The Oslo Stock Exchange considers thatWR Entertainment ASA is not suitable for listing onMerkur Market as no longer satisfy the conditions and rules forMerkur Market . The Company's shares have been suspended from trading since the Company filed for bankruptcy inJune 2019 . The Company does not fulfil several of the conditions for listing onMerkur Market . There are also ongoing violations of the continuing obligations related to amongst other, financial reporting and payment of theOslo Stock Exchange's listing fees.
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