Sundt AS, where Leif Askvig is the CEO, exceeded in the late afternoon of 27 November 2013 the 20% limit for a notifiable change of shareholding in respect of EAM Solar ASA. Notification of the trade was however not sent to Oslo Børs until 11:56 a.m. on 28 November 2013. According to a press release 27 January 2014, Leif Askvig resigns on his own initiative.
“Confidence in, and compliance with, the rules and regulations is of crucial importance for the proper operation of the marketplace, therefore I have elected to withdraw from my position as chairman of the board in these companies with immediate effect”, says Leiv Askvig. He is also resigning from his position as a member of the board of Verdipapirsentralen ASA.
Leiv Askvig has been chairman of the boards of both Oslo Børs ASA and Oslo Børs VPS Holding ASA, and also a member of the board of Verdipapirsentralen ASA, since 2009.
The deputy chair, Benedicte Schilbred Fasmer, will take over as acting chair of the boards of both companies until the annual general meeting in May 2014.