BEWI is a leading provider of packaging, components, and insulation solutions, with a private placement raising gross proceeds of NOK 896 million (EUR 75 million).

The Norwegian Ministry of Finance has proposed amendments that will allow companies with shares listed on a Norwegian regulated market (Euronext Oslo Børs and Euronext Expand) to communicate electronically with their shareholders. The amendments will among other things mean that such companies as a general rule will no longer be required to send notices of general meetings by regular mail.

As of 1 April 2025, the Financial Supervisory Authority of Norway (the Norwegian FSA) is the competent authority for the Norwegian take-over regime and the supervisory authority for the ongoing disclosure obligation and delayed disclosure of inside information and supervision of share-buy-backs and stabilisation under the Market Abuse Regulation (MAR), taking over from Euronext Oslo Børs.

Norwegian Depositary Receipts ("NDRs") have been available as financial instruments in Norway since 2020. NDRs are a cost efficient and practical alternative to shares for accessing the Norwegian equity market.

On 1 February 2025, a new regulation regarding access to shareholder registers and information about nominee-registered shares in Norwegian companies entered into force. These rules elaborate on companies' statutory obligation to make the shareholder register available to everyone, and the new rule in the Norwegian Public Limited Liability Companies Act on the right to request information about owners of nominee-registered shares.

Close to one-tenth of companies listed across the Euronext Oslo Børs' marketplaces are traded below NOK 1 per share, and approximately 100 companies trade at a price below NOK 10 per share. For companies on Oslo Børs and Euronext Expand, an observed share price over time below NOK 1 will require remedies. Also for companies on Euronext Growth Oslo, low share prices may create challenges.

The European Commission has put forward a proposed legislative package called the "Listing Act". The purpose of the Listing Act is inter alia to simplify listing on European public markets, and alleviate the requirements for companies once listed. The Listing Act was voted through by the European Parliament in April 2024 and will eventually be implemented in Norway.

Capital Markets

Company Law

ECM/DCM

Partner

Karoline works with capital market transactions in Norway across sectors, including IPOs/listings on the Oslo Stock Exchange's market places, private placements, and block trades. She also assists with public M&A transactions such as public tender offers. She advises issuers, investors, and others on queries related to company and securities law, including on inside information, transactions by primary insiders and disclosure of major shareholdings (flagging). 

Karoline is ranked as a "Rising star" in capital markets (equity) by IFLR1000 and the only one ranked "Leading associate" in capital markets in Norway by Legal 500 (2024). She is also the youngest ranked in the category private placements and IPOs in Finansavisen's Lawyer Survey for 2024.

"Very dedicated, very knowledgeable and hard-working. Quick turnaround." – IFLR1000

Oslo

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Karoline works with capital market transactions related to Norwegian and non-Norwegian companies across sectors.