STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
In accordance with previously disclosed information, PA Resources (STO:PAR)(OSE:PAR) has completed a fully subscribed rights issue encompassing totally 7,052,751,048 shares divided into 3,824,865,912 A-shares and 3,227,885,136 B-shares. Due to partial registrations of the rights issue, the number of shares and votes in PA Resources has changed in January 2013 and increased with totally 3,569,256,632 shares divided into 2,334,395,699 A-shares and 1,234,860,933 B-shares.
As per January 31 2013 the total number of shares is 10,662,504,556, of which 2,971,873,351 are A-shares and 7,690,631,205 are B-shares. The total number of votes is 6,817,188,953.5, of which the A-shares correspond to 2,971,873,351 voting rights and the B-shares to 3,845,315,602.5 voting rights.
After final registration of the rights issue, which is expected to take place on 4 February 2013, the total number of shares will amount to 14,145,998,972 shares divided into 4,462,343,564 A-shares och 9,683,655,408 B-shares. On February 7 2013 the B-shares are expected to be automatically converted to A-shares.
Stockholm, 31 January 2013 PA Resources AB (publ)
PA Resources AB 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 producing oil in West Africa and North Africa. The parent company is located in Stockholm, Sweden. PA Resources’ net sales amounted to SEK 2,154 million during 2011. The company is listed on the NASDAQ OMX in Stockholm, Sweden. For additional information, please visit 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 10.00 am CET on 31 January, 2013.
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