Exercise of convertible bonds in PA Resources AB
(Thomson Reuters ONE) - On 18 September 2009, an additional 1,388,700 new shares in PAResources AB (publ) were registered with the Swedish CompaniesRegistration Office as a result of completed conversions of PAResources' convertible 2008/2014.1,388,700 new shares in PA Resources AB (publ) have been registeredwith the Swedish Companies Registration Office as a consequence ofconvertible bonds with a nominal value of SEK 22,219,200 beingexercised for conversion. The conversion price is 16 SEK per share.Following the conversions, PA Resource's share capital is SEK80,416,701 divided on 160,833,401 shares.The total loan amount of outstanding convertible bonds amounts to SEK1,095,001,680 after the conversion.The registered share capital increase relates to applications forconversion filed during the second week of September 2009. Theconversion period runs throughout the month of September.The new shares are automatically listed on the Oslo Stock Exchangeand NASDAQ OMX Nordic Exchange Stockholm, when the new shares areregistered with the Companies Registration Office. After theregistration, the new shares will be transferred to the holder's VPaccount or depository account, which is expected to take up toapproximately six business days. Trading may commence when the holdercan see that the new shares are available on his/her VP account ordepository account.Stockholm, 21 September 2009PA Resources AB (publ)For additional information, please contact:Bo AskvikExecutive Vice President and CFO, PA Resources ABTelephone: +46 8 21 83 82Mobile: +46 70 819 59 18orAnn-Kristin LittorinHead of Corporate Communication, PA Resources ABTelephone: +46 8 21 83 82Mobile: +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/1342533/321378.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 21.09.2009 - 10:40 Uhr
Sprache: Deutsch
News-ID 6015
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