In accordance with previously disclosed information, Crown Energy AB ("Crown Energy", "the Company") has completed a new directed share issue of totally 363,401,823 C shares for the acquisition of ESI Group S.A. The final accounts of the acquisition led to a conversion of C shares into ordinary shares as well as redemption of C shares. This resulted in the change of number of shares and votes in Crown Energy.
During October 2017, the acquisition of ESI Group S.A. completed resulting in a total of 353,267,971 C shares were converted into ordinary shares and 10,133,852 C shares are redeemed through a reduction of share capital of SEK 297,930.85. Hence, a total of 353,267,971 ordinary shares was registered into the electronic shareholders ledger managed by Euroclear Sweden AB.
As per October 31, 2017, the total number of shares in the Company is 445,815,350. Each share with ten votes each and total number of votes is 4,458,153,500. The share capital after the change, amounts to SEK 13,106,779,21.
This information is information that Crown Energy AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 31 October 2017 CET on 11.45 AM 2017.
MORE INFORMATION
Please contact Andreas Forssell, CEO, Crown Energy AB
+46 8 400 207 20
+46 760 15 15 95
ABOUT CROWN ENERGY
Crown Energy is an international company engaged in oil and gas exploration and production and property development and management services. The portfolio consists of assets in Africa and the Middle East. For more information please visit www.crownenergy.se