Oslo, 20 January 2015: Shareholders have today approved the proposed restructuring of Interoil Exploration and Production ASA ("Interoil" or the "Company"), which includes issuance of a total of 395 million new shares. The general meeting also elected new directors to the Board.
Following from the restructuring, Andes Energia plc has become the largest shareholder in Interoil, holding 51 per cent of the Company's shares.
The Board of Directors has the following composition.
Mr. Ricardo Nicolas Mallo Huergo
Mr. Alejandro Oscar Jotayan
Mr. Matthieu Milandri
Mr. Jose Francisco Chalela
Ms. Dolores Rivas
Ms. Maria Rosa Siles Moreno
Ms. Mimi Berdal
For further information, please see the attached minutes from the general meeting and the bios for the Board Directors.