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Team Tankers wants to delist from Oslo Stock Exchange

Team Tankers wants to delist its shares from the Oslo Stock Exchange as the board no longer considers its stock suitable for listing due to few transactions and a low share price.

Photo: PR / Team Tankers

Bermuda-based Team Tankers wants to delist its shares from the Oslo Stock Exchange, as the board no longer deems it sensible to be listed, according to a statement.

The shipping line holds that the benefits of a listing are limited, as there are only few transactions involving the stock. It is trading at a low level and only between a small group of shareholders.

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