|
|||
2009-10-02 12:31:35 CEST 2009-10-02 12:32:19 CEST Atlantic Petroleum P/F - Prospectus/Announcement of ProspectusAtlantic Petroleum publishes prospectusNot to be distributed in the US, Canada, Australia or Japan Tórshavn, Faroe Islands, 2nd October 2009 - P/F Atlantic Petroleum (OMX: FO-ATLA) the international upstream oil and gas company, announces that with reference to stock exchange announcement no. 26 Thursday 1st October 2009, Atlantic Petroleum hereby publishes prospectus in connection with Rights Issue to raise Gross Proceeds of up to DKK 188 million. The Offering comprises up to 1,500,973 new shares with a nominal value of DKK 100 each (the “Offer Shares”), offered at the ratio of 4:3, i.e. four new shares for three existing. Four Pre-emptive Rights are allocated for each existing share held, and for every 3 Pre-emptive Rights, the holder will be entitled to subscribe for 1 Offer Share at a subscription price of DKK 125 per Offer Share. The last day of trading of Existing Shares incl. Pre-emptive Rights will be today, 2nd October 2009. Requests for copies of the prospectus containing detailed information about Atlantic Petroleum and the complete terms and conditions of the Offering may be addressed to: Handelsbanken Capital Markets Havneholmen 29 DK-1561 Copenhagen V Denmark Tel: +45 3341 8200 P/F Eik Banki Yviri við Strond 2 100 Tórshavn Faroe Islands Tel: +298 348 000 The prospectus will also be available at the Company's registered office in Tórshavn, Faroe Islands. Subject to certain exceptions, the prospectus can also be downloaded from the Company's website: www.petroleum.fo. Further details can be obtained from Wilhelm Petersen, CEO, tel +298 350 100 (wilhelmp@petroleum.fo) or Teitur Samuelsen, Financial Manager, tel +298 350 100 (teiturs@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo. On the website, it is also possible to sign up for the Company e-mail newsletter. Restrictions applicable to the Offering This announcement does not constitute an offer or an invitation to invest in the Company. Subscription for shares should only take place based on the published prospectus. Regardless of the above, Atlantic Petroleum expects that due to restrictions under applicable law and rules, some or all investors residing in the United States, Canada, Australia, Japan and other jurisdictions outside Faroe Islands, Denmark and Iceland may not have the prospectus distributed to them and may not be able to exercise their Pre-emptive Rights or subscribe for the Offer Shares. The prospectus does not constitute an offer of or an invitation to purchase any Pre-emptive Rights or subscribe for any Offer Shares in any jurisdiction in which such offer or invitation would be unlawful. About Atlantic Petroleum Atlantic Petroleum is a Faroese independent exploration and production (E&P) company with oil and gas interests in the North Sea, East Irish Sea and Celtic Sea and on the Faroese Continental Shelf. The Company has interests in 15 licences containing around 30 fields, discoveries, prospects or leads. Furthermore, Atlantic Petroleum has partnerships with 17 international oil companies operating in North West Europe. The objective of Atlantic Petroleum is to develop the offshore oil and gas potential in North West Europe on a commercial basis, and presently the Company engages in activities ranging from exploration, through appraisal, to development and production. Atlantic Petroleum's shares are listed on both NASDAQ OMX Iceland and NASDAQ OMX Copenhagen. Announcement no. 27/2009 Issued 02-10-2009 P/F Atlantic Petroleum Telephone +298 350 100 Gongin 9 Fax +298 350 101 P.O. Box 1228 Website: www.petroleum.fo FO-110 Tórshavn Mail: petroleum@petroleum.fo Faroe Islands |
|||
|