Exercise of convertible bonds in PA Resources AB
(Thomson Reuters ONE) - On 25 September 2009, an additional 1,921,362 new shares in PAResources AB (publ) were registered with the Swedish CompaniesRegistration Office as a result of completed conversions of PAResources' convertible 2008/2014.1,921,362 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 30,741,792 beingexercised for conversion. The conversion price is 16 SEK per share.Following the conversions, PA Resource's share capital is SEK81,377,381.50 divided on 162,754,763 shares. The total loan amount ofoutstanding convertible bonds amounts to SEK 1,064,259,888 after theconversion.The registered share capital increase relates to applications forconversion filed during the third week of September 2009. Theconversion period runs throughout the month of September. So far, atotal of 6,240,759 new shares have been registered as a consequenceof conversions. For more information, see press releases from 11 and21 September 2009.The new shares are automatically listed on Oslo Stock Exchange andNASDAQ 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 deposit, which is expected to take up to approximately sixbusiness days. Trading may commence when the holder can see that thenew shares are available on his/her VP account or deposit.Stockholm, 28 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/1343982/322121.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 28.09.2009 - 09:58 Uhr
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