NOTICE REGARDING EXTRAORDINARY GENERAL MEETING IN SVENSKA CAPITAL OIL AB (publ)
The shareholders of Svenska Capital Oil AB (publ), reg. no. 556526-3968, (the “Company”) are hereby invited to the extraordinary general meeting of the shareholders to be held on Friday 13 April 2012 at 09.00 at Baker & McKenzie Advokatbyrå, Vasagatan 7, floor 8, 101 23 Stockholm.
Registration for the meeting
Shareholders who wish to attend the general meeting must:
i) on the record day, which is Thursday 5 April 2012 be entered in the share register kept by Euroclear Sweden AB. Shareholders who do not have their shares registered in their name but in the name of a bank trust department or a fund must temporarily register the shares in their own name in order to be able to participate at the general meeting. Such temporary registration must be completed by Thursday 5 April 2012 at the latest.
ii) notify their participation to the Company no later than on Tuesday 10 April 2012. Notice of participation shall be sent by e-mail to info@capitaloil.se or by post to Svenska Capital Oil AB (publ), Engelbrektsgatan 32, SE-411 37 Gothenburg. The notice must include complete name, personal identification or corporate registration number, address and telephone number, and, where applicable, details of representatives, proxy holders or advisors. A shareholder who wishes to be represented by proxy must provide the Company with a proxy in writing prior to the general meeting.
Proposed agenda
- Election of chairman of the meeting.
- Preparation and approval of voting list.
- Approval of the agenda.
- Election of one or two certifiers of the minutes.
- Question whether the general meeting has been duly convened.
- Resolution to amend the articles of associations.
- Closing of the general meeting.
Number of shares and votes
There are 145,068,222 shares in total in the Company. Each share represents one vote. Only one class of shares exists. The Company does not own any shares in the Company.
Proposal for Resolutions
Section 6: Resolution to amend the articles of association
The board proposes that the general meeting resolves to amend section 1 of the articles of association as follows. The amendment is a result of change of company name.
§ 1 Firm name
”The company firm name is Misen Energy AB (publ).”
Documents etc.
Proxy forms will be available at the Company’s website www.capitaloil.se and at the Company’s offices at Engelbrektsgatan 32, SE-411 37, Gothenburg, two weeks in advance of the general meeting and will be sent to shareholders upon request if they state their e-mail or postal address.
Stockholm in March 2012
Svenska Capital Oil AB (publ)
The Board of Directors
For further information please contact: Leif Larsson, CEO tel 46 31 759 50 71 mobile 46 708 40 82 71 E-mail: leif@capital oil.se
Capital Oil is a Swedish oil and gas exploration and extraction company with operations in Ukraine. Capital Oil was founded in 2004 and the Capital Oil share is since 12 June 2007 traded on NasdaqOMX First North.
In 2011 Svenska Capital Oil AB acquired Misen Enterprises AB and its Ukrainian subsidiary, KarpatyGaz, including the rights of 50,01 % of the revenue and profit from a gas production project in Ukraine, which will provide Capital Oil with essential gas and oil assets. As consideration of this acquisition a new share issue was performed.
The gas extraction assets are acquired by production cooperation via a joint activity project governed by a Joint Activity Agreement (the “JAA”) between the wholly owned subsidiaries of Capital Oil, i.e. Misen Enterprises AB and Karpatygaz and Ukrgazvydobuvannya, the largest producer of natural gas in Ukraine and subsidiary of the publicly owned company Naftogaz Ukraine. The value of the assets has been assessed by PwC in Ukraine and is estimated to be essentially more than the purchase price for Misen.
The purpose of the project is to significantly increase production of gas and oil by implementing new technology and a large-scale investment program.
The residence of Capita Oil is in Gothenburg and the shares are traded on First North under identification COIL The Certified Adviser of the company at NasdaqOMX First North is Thenberg & Kinde Fondkommision AB.
For further information please visit our web site www.capitaloil.se.