Exercise of convertible bonds in PA Resources AB
(Thomson Reuters ONE) - On 5 October 2009, an additional 3,822,013 new shares in PA ResourcesAB (publ) were registered with the Swedish Companies RegistrationOffice as a result of conversions of PA Resources' convertible2008/2014. Thus, the conversion period for 2009 has been completed.3,822,013 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 61,152,208 beingexercised for conversion. The conversion price is 16 SEK per share.The registered increase in number of shares relates to applicationsfor conversion filed during the last three days in September 2009.The conversion period for 2009 is hereby closed.Following the conversions, PA Resource's share capital is SEK83,876,991 divided into 167,753,982 shares.The total loan amount of outstanding convertible bonds amounts to SEK984,272,384 after completed conversions.A total of 11,239,978 new shares have been registered as aconsequence of conversions. For more information, see press releasesfrom 11, 21 and 28 September as well as 1 October 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, 6 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/1345893/323169.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 06.10.2009 - 09:32 Uhr
Sprache: Deutsch
News-ID 6610
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