In March 2014 the number of B shares in Shelton Petroleum AB changed. A total
number of 4,422,841 B shares were issued to those shareholders of Petrogrand AB
that accepted Shelton Petroleum’s public offer.
Following the issue of shares, the total number of B shares amounts to
16,415,349. The total number of A shares remains unchanged, 170,580. The total
number of votes amounts to 18,121,149. The share capital has increased by SEK
22,114,205 and amounts to SEK 82,929,645. 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 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 8:00
on 31 March 2014.
