Notice of the annual general meeting in Misen Energy AB (publ)
The shareholders of Misen Energy AB (publ), reg. no. 556526-3968, (the “ Company ”) are hereby invited to the annual general meeting to be held on Thursday 23 April 2015 at 10.00 a.m. CET at the offices of Baker & McKenzie Advokatbyrå, Vasagatan 7, 8th floor, SE-101 23 Stockholm, Sweden.
The complete notice is attached ( download it here : http://misenenergy.se/repository/AGM2015/Notice_of_AGM2015(ENG).pdf ). The notice will published in the Swedish Official Gazette on 23 March 2015. On the same day, an announcement of the notice will be made in Dagens Industri.
The annual report and the auditor’s report, the proposals of the Nomination Committee and the board of directors, proxy forms as well as other documents to be presented at the annual general meeting in accordance with the Swedish Companies Act will as of 2 April 2015 be available at the Company’s offices at Engelbrektsgatan 32, SE-411 37, Gothenburg, Sweden, and on the Company’s website www.misenenergy.se , and will upon request be sent to the shareholders who provide their address.
For further information, please contact:
Göran Wolff, MD
Misen Energy AB (publ) (formerly Svenska Capital Oil AB (publ)) is a Swedish upstream oil and gas company with operations in Ukraine. The company was founded in 2004 and its shares are since 12 June 2007 traded on Nasdaq First North.
In 2011, Misen Energy AB (publ) acquired Misen Enterprises AB and its Ukrainian subsidiary, LLC Karpatygaz, including the rights to 50.01% of the revenue and profit from a gas production project in Ukraine. Under IFRS rules, this transaction is classified as a reverse takeover. In consideration of the acquisition, a new share issue was carried out.
The gas producing assets have been acquired by production cooperation via a joint activity project governed by a Joint Activity Agreement between the wholly-owned direct and indirect subsidiaries of Misen Energy AB (publ), i.e. Misen Enterprises AB and LLC Karpatygaz (together 50.01%) and PJSC Ukrgasvydobuvannya (49.99%), the largest producer of natural gas in Ukraine and subsidiary of the National Joint Stock Company Naftogaz of Ukraine. The value of the assets is estimated to be substantially higher than the purchase price for Misen Enterprises AB.
The purpose of the project is to significantly increase production of gas and oil by providing modern technologies via a large-scale investment program.
The registered office of Misen Energy AB (publ) is in Stockholm and the shares are traded on First North under identification ticker MISE.
The Certified Adviser of the company at Nasdaq First North is Consensus Asset Management AB (formerly Thenberg & Kinde Fondkommission AB).
For further information, please visit our website www.misenenergy.se .