OSLO BYFOGDEMBETE REJECTS INJUNCTION PETITION

OSLO BYFOGDEMBETE REJECTS INJUNCTION PETITION

ID: 101739

(Thomson Reuters ONE) -


Reference is made to the stock exchange notice of 12 December 2011 where it was
announced that Petrolia Invest AS and Erik J. Frydenbø had filed a request for
an injunction with Oslo byfogdembete (Oslo Enforcement, bankruptcy and probate
court) seeking to prohibit the completion of the merger with RAK Petroleum PCL's
MENA operating subsidiaries.

The court has today dismissed the request for injunction and in addition awarded
DNO NOK 1 million in compensation to cover its legal costs.

A strong majority of the shareholders and proxies present at the extraordinary
general meeting on 1 November 2011 adopted the merger, and the merger is
expected to be completed in January 2012 as planned.

Oslo, 6 January 2012

DNO International ASA
Corporate Communications

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: DNO International ASA via Thomson Reuters ONE

[HUG#1575710]




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Bereitgestellt von Benutzer: hugin
Datum: 06.01.2012 - 15:47 Uhr
Sprache: Deutsch
News-ID 101739
Anzahl Zeichen: 1577

contact information:
Town:

Oslo



Kategorie:

Business News



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