Final results of the Rights Issue
Petrolia ASA (the ”Company” or “PDR”) – A public limited liability company organised under the laws of Norway. The subscription period in the rights issue in Petrolia ASA expired at 17:30 (Oslo time) on 23 August 2011. The final results show that Petrolia ASA at the end of the subscription period had received subscriptions for a total of 172 368 777 new shares. 50,629,837 new shares were offered, and the rights issue was thus oversubscribed by approximately 240%. The Board of Directors of Petrolia ASA has today, 25 August 2011, resolved the final allocation of the shares to be issued