Completion of PA Resources’ offer to the convertible bondholders
Owners of convertible bonds corresponding to approximately 90 percent of the total nominal amount have accepted the offer to set-off PA Resources’ convertible bond 2008/2014 against newly issued B-shares. All conditions for completion of the offer are hence fulfilled and the company now intends to carry out the subsequent fully underwritten rights issue of approximately SEK 700 million.Completion of the offer to the convertible bondholders On 7 November 2012, the Board of Directors in PA Resources announced an offer to the holders of the company’s convertible bond 2008/2014 to set-off