Didn't you read the Notice of the Extraordinary Meeting?
It clearly states:
Fractional shares will not be issued in connection with the reverse split and the shareholders will not receive any payment in respect of the same. This is due to the fact that the administrative costs of making such payments would exceed the aggregate value of the fractional shares. Thus, the board has proposed to combine the fractional shares and sell these on Oslo Børs. The proceeds shall be donated to charity as determined by the board of directors
