Press Releases

New share issue registered

02.04.2012

Press release, Stockholm 2th of April, 2012  


New share issue registered

On 2nd January 2012 Selena Oil & Gas Holding AB (publ) (SOGH) reported the closing of transaction for acquisition of KRT-OilGasTrans (KRT-OGT) in Russia. The total purchase price for the 100% of KRT-OGT was 73.2 million SEK and was fully settled in shares of SOGH in the amount of 9 150 977 shares. Ms. Elena Popova, one of the major shareholders in SOGH, provided the necessary amount of shares to the sellers on behalf of SOGH and was entitled to receive the same amount of new shares in SOGH and valued at 8 SEK per share.

The new shares have now been issued to Ms. Elena Popova. The new shares were issued under the authorization granted to SOGH’s Board of Directors in 2011. The registration of 9 150 977 new shares of SOGH has now been registered with Swedish Company's Register. The number of shares of the company now amounts to 52 098 477 shares and the share capital now amounts to 70 470 630 SEK.


For further information, please contact:
Indrek Rahumaa, Chairman of the Board, phone +372 509 2080 or +7 (916) 180 31 62, e-mail: indrek.rahumaa@selenaoil.com

Selena Oil & Gas Holding AB (publ) (former Emitor Holding AB) is engaged in the production and transportation of oil and gas in the Volga-Ural region in the Russian Federation, including Perm and Udmurtia. The company is listed on NASDAQ OMX First North Premier in Stockholm under the ticker SOGH. Mangold Fondkommission is the company´s Certified Adviser and liquidity provider, telephone +46 8-503 015 50.

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