Exercise of convertible bonds in PA Resources AB
(Thomson Reuters ONE) - On 30 September 2009, an additional 1,177,206 new shares in PAResources AB (publ) were registered with the Swedish CompaniesRegistration Office as a result of completed conversions of PAResources' convertible 2008/2014.1,177,206 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 18,835,296 beingexercised for conversion. The conversion price is 16 SEK per share.Following the conversions, PA Resource's share capital is SEK81,965,984.50 divided into 163,931,969 shares.The total loan amount of outstanding convertible bonds amounts to SEK1,045,424,592 after the conversion.The registered share capital increase relates to applications forconversion filed during the fourth week of September, ending on 25September 2009. The conversion period runs throughout the month ofSeptember. So far, a total of 7,417,965 new shares have beenregistered as a consequence of conversions. For more information, seepress releases from 11, 21 and 28 September 2009.After the registration with the Companies Registration Office, thenew shares will be transferred to the holder's VP account or deposit,which is expected to take up to approximately six business days.Trading on NASDAQ OMX Nordic in Stockholm and Oslo Stock Exchange maycommence when the holder can see that the new shares are available onhis/her VP account or deposit.Stockholm, 1 October 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/1345088/322726.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 01.10.2009 - 08:43 Uhr
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News-ID 6469
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