Due to the proposed recapitalization as announced in the Company’s press release
dated 7 November 2012, the Nomination Committee of PA Resources AB (publ) ahead
of the 2013 annual general meeting (AGM) will be appointed after completion of
these transactions. The proposed two-step transaction is likely to result in
major ownership changes which should to be taken into account when the Company’s
largest shareholders appoint their representatives to the Nomination Committee.
Until a new Nomination Committee has been appointed, the Nomination Committee of
PA Resources will consist of the representatives appointed for the AGM 2012, as
listed below:
· Hans Kristian Rød, Chairman of the Board appointed by the 2012 AGM
· Jesper Bonnivier, appointed by Länsförsäkringar Fondförvaltning AB
· Bengt Stillström, appointed by AB Traction
· Carina Lundberg Markow, appointed by Folksam
Stockholm, 14 November, 2012
PA Resources AB (publ)
For additional information, please contact:
Hans Kristian Rød, Chairman of the Board
+47 90 11 86 12, hansk.rod@fortum.com
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 (segment Mid Cap). 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 18.00 CET on 14 November, 2012.
