Oslo, 21 January 2015: Reference is made to the announcement made on 20 January 2015 regarding the extraordinary general meeting's approval of the private placements towards Andes Energia plc and Nordic Trustee ASA. The share capital increase has now been registered with the Norwegian Register of Business Enterprises.
The new share capital of Interoil Exploration and Production ASA is NOK 32 345 157.25 divided into 646 903 145 shares, each with a nominal value of NOK 0.05.
The new shares will not be tradable on Oslo Stock Exchange until publication of a listing prospect in connection with the private placement is approved by the Financial Supervisory Authority of Norway. Further, the shares subscribed for by Nordic Trustee ASA will not be tradable for the bondholders before the acceptance period under the mandatory offer has elapsed.
Interoil Exploration and Production ASA is a Norwegian based exploration and production company - listed on the Oslo Stock Exchange - with focus on Latin-America. The Company is operator of several production and exploration assets in Colombia. Interoil currently employs approximately 95 people and is headquartered in Oslo.