Tuesday 6 November 2012

Trading in shares of Rottneros halted

The Nasdaq OMX Stockholm Exchange with the Swedish Financial Supervisory Authority has decided to halt the trading in shares of open market paper pulp producer Rottneros AB (STO: RROS) from this morning until further notice in accordance with Chapter 22, section 2. Trading can be stopped for various reasons including investors lacking or having uneven access to material information, failure to meet regulated market requirements, situation of the firm or other special circumstances. Company CEO Ole Terland told Dagens Industri, that he wasn’t even aware of the trading halt and has no idea what is the reason for it. The share was up strongly in early trading.

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