In October 2013 the number of B shares in Shelton Petroleum AB changed. At the
request of Petrogrand AB, Convertible 1 in the amount of SEK 30,000,000 has
been converted into B-shares. The conversion price was SEK 20 per share. A
total amount of 1,500,000 B shares has been issued in relation to the above
mentioned conversion. Following the conversion, the total number of B shares
amounts to 11,970,008. The total number of A shares remains unchanged, 170,580.
The total number of votes amounts to 13,675,808. The share capital has
increased by SEK 7,500,000 and amounts to SEK 60,702,940. This announcement is
made following the registration of the conversion at the Swedish Companies
Registration Office.
For more information, please contact:
Robert Karlsson, CEO, Shelton Petroleum, tel +46 709 565 141
robert.karlsson@sheltonpetroleum.com
www.sheltonpetroleum.com
About Shelton Petroleum
Shelton Petroleum is a Swedish company focused on exploring and developing
concessions in Russia and the resource-rich basins of Ukraine. In Russia, the
company holds three licenses in the Volga-Urals area in Bashkiria and has
commenced production on the Rustamovskoye field after a successful exploration
program. In Ukraine, Shelton Petroleum’s wholly owned subsidiary has a joint
venture with Ukrnafta and Chornomornaftogaz, two leading Ukrainian oil and gas
companies. The Shelton Petroleum share is traded on NASDAQ OMX Stockholm under
the under the symbol SHEL B.
The information provided herein is such that Shelton Petroleum AB is obligated
to disclose it pursuant to the Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for publication at 8:30
on 31 October 2013.
