In December 2015 the number of shares of series B in Petrosibir AB
changed. A total number of 17,500,000 shares of series B were issued to
Petrogrand AB in exchange for all of the shares in Sonoyta Ltd, a
Cypriot holding company with two main assets consisting of 4 MUSD in
cash and 49% of the shares in Ripiano Holding Ltd, which in turn holds
three production licenses in Komi in Russia via Russian subsidiaries.
Following the share issue the total number of shares of series B amounts
to 35,399,347. The total number of shares of series A remains unchanged,
761,900. The total number of votes amounts to 43,018,347. The share
capital has increased by SEK 87,500,000 and amounts to SEK 180,806,235.
This announcement is made following the registration of the new shares
at the Swedish Companies Registration Office.
For more information, please contact:
Robert Karlsson, CEO, Petrosibir, tel +46 709 565 141
robert.karlsson@sheltonpetroleum.com
www.sheltonpetroleum.com
About Petrosibir
Petrosibir (previously Shelton Petroleum) is a Swedish company focused
on exploring and developing concessions in Russia. Petrosibir’s
Ukrainian operations have been distributed to its shareholders. The
company holds licenses in the Russian republics of Bashkiria and Komi.
Petrosibir’s 2P oil reserves amount to 32 million barrels. The company’s
share is traded on Nasdaq Stockholm under the symbol SHEL B until 4
February 2016. The company will arrange a new trading platform so that
the share can be traded also following that date.
The information provided herein is such that Petrosibir 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 CET on 30 December 2015.
This is an English translation of the Swedish original. In case of
discrepancies, the Swedish original shall prevail..
