2009:
Partnership offers increased shareholder transparency in Norway
10 March 2009Richard Davies Investor Relations Limited (RD:IR) has entered into an agreement with Oslo Børs VPS Holding ASA (Oslo Børs VPS) to offer share register analysis to companies listed on the Oslo Børs.
The collaboration will combine the experience of Oslo Børs VPS in the management of ownership records of companies listed on the exchange with RD:IR's expertise in shareholder analysis and investor relations contact relationship management.
Bente A. Landsnes, President and Chief Executive Officer, Oslo Børs VPS said, ''We are pleased to offer companies increased transparency of share ownership. It will become faster and easier for those companies taking up this service to identify and contact their owners.''
Richard Davies, Managing Director of RD:IR, said, ''We are delighted to work with Oslo Børs VPS. RD:IR is committed to the provision of accurate, timely share register analysis. We look forward to extending our customer base in Norway through this partnership.''
A recent study by Oslo Børs revealed it could take up to six months for a company to identify its owners. It is hoped that greater take up of share holder analysis services will contribute to increased market transparency in the Nordic region.
Ends
For further information please contact:
Richard Davies, Managing Director
+44 20 7492 0501 or Richard.Davies@rdir.com
Louise Clamp, Head of Policy & Publications
+44 20 7492 0516 or Louise.Clamp@rdir.com
Notes to editors:
Richard Davies Investor Relations
RD:IR is an independent investor relations consultancy offering shareholder analysis, IR contact management, consultancy, proxy & corporate action support services and financial market research to UK and international public companies and their advisors.
RD:IR is committed to providing boards, senior management and investor relations professionals with the information and analysis they need to manage most efficiently their relationship with the capital markets.
RD:IR is retained by over 450 UK and international public companies and acts for a wide range of financial intermediaries and organisations including stockbrokers, financial PR agencies, investment banks and a number of leading financial newspapers and magazines.
Oslo Børs VPS Holding ASA
Oslo Børs VPS provides a full range of depository services to issuers and investors in the Norwegian securities market.
VPS is a for profit public company that in dematerialised form offers registration of ownership, clearing and settlement services, and corporate actions services for domestic and foreign financial instruments.
VPS is regulated by the Royal Department of Finance regarding which instruments can or must be registered, and is supervised by the Oslo Børs ASA. Oslo Børs offers a full product range including equities, derivatives and fixed income instruments.
