Exercise of convertible bonds in PA Resources AB

Exercise of convertible bonds in PA Resources AB

ID: 5711

(Thomson Reuters ONE) - On 10 September 2009, 2,930,697 new shares in PA Resources AB (publ)were registered with the Swedish Companies Registration Office as aresult of completed conversions of PA Resources' convertible2008/2014.On 10 September 2009, 2,930,697 new shares in PA Resources AB (publ)were registered with the Swedish CompaniesRegistration Office as a consequence of convertible bonds with anominal value of SEK 46,891,152 being exercised for conversion. Theconversion price is 16 SEK per share.Following the conversions, PA Resource's share capital is SEK79,722,350.50 divided on 159,444,701 shares.The total loan amount of outstanding convertible bonds amounts to SEK1,117,220,880 after the conversion.The registered share capital increase relates to applications forconversion filed during the first week of September 2009. Theconversion period runs throughout the month of September.The new shares are listed on the Oslo Stock Exchange and NASDAQ OMXNordic Exchange Stockholm, after the new shares are registered withthe Companies Registration Office.Stockholm, 11 September 2009PA Resources AB (publ)For additional information, please contact:Bo AskvikExecutive Vice President and CFOPA Resources ABTelephone: +46 8 21 83 82Mobile: +46 70 819 59 18orAnn-Kristin LittorinHead of Corporate CommunicationPA Resources ABMobile: +46 73 923 03 68PA Resources AB (publ) is an international oil and gas group with thebusiness strategy to acquire, develop, exploit and divest oil and gasreserves, as well as explore new findings. The Group operates inTunisia, United Kingdom, Denmark, Greenland, Netherlands, EquatorialGuinea and the Republic of Congo (Brazzaville). PA Resources is todayone of the largest oil producers in Tunisia. The parent company islocated in Stockholm, Sweden.PA Resources' net sales amounted to SEK 2,420 Million during 2008.The company is primary listed on the Oslo Stock Exchange in Norway(segment OB Match) and secondary listed on the NASDAQ OMX NordicExchange in Stockholm, Sweden (segment Mid Cap). For additionalinformation, please visit www.paresources.se.http://hugin.info/130006/R/1340851/320545.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 11.09.2009 - 09:52 Uhr
Sprache: Deutsch
News-ID 5711
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