On January 22, 2014 Shelton Petroleum AB published a press release with information that the company announces an offer to acquire the outstanding shares in Petrogrand AB. The current rules of NASDAQ OMX Stockholm AB state that a company listed on First North can be given observation status if the Company is subject of a public offer or a bidder has disclosed its intention to raise a placed bid on the Company.
With reference to what is stated above NASDAQ OMX Stockholm AB has decided that the shares in Petrogrand AB (PETRO, ISIN Code: SE0001587593, Order Book ID: 49922) will be given observation status. The shares will be given observation status with effect from today January 22, 2014.
For further information about this exchange notice please contact Eva Norling or Karin Ydén, telephone + 46 8 405 60 00.