Change of number of shares in PA Resources in October 2011
1,050 new shares in PA Resources AB have been registered with the Swedish Companies Registration Office in October 2011 as a result of completed conversions of PA Resources’ convertible bond 2008/2014.
The number of shares and votes in PA Resources AB increased in October 2011 as a consequence of convertible bonds with a nominal value of SEK 8,946 being exercised for conversion during the conversion period in September 2011. The conversion price is 8.52 SEK per share.
The number of shares and votes in the company increased by 1,050 and amounts to 637,476,893 shares at 31 October 2011. The share capital increased by SEK 525 and amounts to SEK 318,738,446.50.
Following the registration of the conversions, the total nominal loan amount of outstanding convertible bonds amounts to SEK 984,172,158.
This information is disclosed in accordance with Chapter 4 Section 9 in the Financial Instruments Trading Act (Lagen om handel med finansiella instrument).
Stockholm, 31 October 2011
PA Resources AB (publ)
For more information, please contact:
Ann-Kristin Littorin
Head of Corporate Communication, PA Resources AB
Mobile: +46 73 923 03 68
Telephone: +46 (0)8 440 26 09
E-mail: info@paresources.se
PA Resources AB (publ) is an international oil and gas group which conducts exploration, development and production of oil and gas assets. The Group operates in Tunisia, Republic of Congo (Brazzaville), Equatorial Guinea, United Kingdom, Denmark, Greenland, Netherlands and Germany. PA Resources is one of the larger oil producers in Tunisia and is also producing oil in the Republic of Congo. The parent company is located in Stockholm, Sweden.
PA Resources’ net sales amounted to SEK 2,227 million during 2010. The company is listed on the NASDAQ OMX Nordic Exchange in Stockholm, Sweden (segment Mid Cap). For additional information, see www.paresources.se
The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 09.00 CET on 31 October 2011.
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