The Annual General Meeting in Shelton Petroleum, previously scheduled for 20
May 2014, will be held on 30 June 2014. A notice for the meeting will be
published shortly.
As Petrogrand AB (publ) (“Petrogrand”) has initiated a matter with the Swedish
Securities Council in relation to Shelton Petroleum AB’s (publ) (“Shelton
Petroleum”) repurchase of convertible bonds and directed new issue of shares
announced on 14 May 2014, and Shelton Petroleum is currently investigating
whether powers of attorney used at Petrogrand’s extraordinary general meeting
could be held invalid and what actions to take in this respect, Shelton
Petroleum has decided on a new date for the 2014 Annual General Meeting.
Stockholm, 19 May 2014
Shelton Petroleum AB (publ)
The Board of Directors
For more information, please contact:
Robert Karlsson, CEO Shelton Petroleum, +46 709 565 141
robert.karlsson@sheltonpetroleum.com
www.sheltonpetroleum.com
The information provided herein is such that Shelton Petroleum AB is obligated
to disclose it pursuant to the Securities Markets Act (2007:528) and the
Takeover rules. The information was submitted for publication at 13:00 (CET) on
19 May 2014.
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.
This is an English translation of the Swedish original. In case of
discrepancies, the Swedish original shall prevail.
