Change in number of shares and votes in Crown Energy AB

In accordance with previously disclosed information, Crown Energy AB (“Crown Energy” or “the Company”) has completed a directed share issue of totally 363,401,823 shares within the new class of shares, C shares. As a result of the issue, the number of shares and votes in Crown Energy has changed.

During February 2017, the directed share issue (under the quota value), which the extra general meeting (“EGM”) resolved upon on December 12, 2016, was finalised.

Before the share issue, the number of shares and votes in the Company amounted to 92,547,379. Through the share issue a new class of shares was introduced, C shares, while the existing shares before the issue are now ordinary shares and due to the share issue, the number of C shares have increased by 363,401,823 and the total number of votes by 1,196,328,234.

The total number of shares in the Company amounts, as per February 28, 2017 to 455,949,202, of which 92,547,379 are ordinary shares and 363,401,823 are C shares. Ordinary shares carry ten (10) votes and C-shares carry one (1) vote. The total number of votes as per February 28, 2017 amounts to 1,288,875,613.

The share capital after the change, amounts to approx. SEK 13,404,709.06.

This information is information that Crown Energy AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out below, at 8:30 CET on 28 February 2017. 

MORE INFORMATION

Please contact Andreas Forssell, CEO, Crown Energy AB

+46 8 400 207 20

+46 760 15 15 95

ABOUT CROWN ENERGY

Crown Energy is an international oil and gas company engaged in exploration in Africa and Middle East. Growth is created by developing assets in early stages and then maximising value by introducing appropriate industry partners in the development and production stages. For more information please visit www.crownenergy.se.