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Interoil Exploration & Production ASA : Notice of Annual General Meeting 2015

The Annual General Meeting of Interoil Exploration and Production ASA will be held at Kronprinsensgate 17, Oslo on Friday 26 June 2015 at 11:00 CET. Please find attached the notice for the meeting including the attendance form and proxy, the nomination committee proposal and the declaration regarding determination of salary for senior management.
The annual report for 2014 is available on http://www.interoil.no.

One of the items on the agenda for the Annual General Meeting is the reverse split (amalgamation) of the company's shares. The background for the proposal is that the company's share has been traded below NOK 1 since September 2014. In order to ensure adequate pricing and ensure compliance with section 2.4 of the continuing obligations of stock exchange listed companies issued by Oslo Børs, the Board has proposed that the Company's shares are consolidated (reverse split) in the ratio 10:1, so that 10 shares, each with a nominal value of NOK 0.05, will be replaced by 1 new share with a nominal value of NOK 0.5.

In connection with and as part of the reverse split, the Board proposes that the General Meeting resolves to increase the Company's share capital so that the Company's aggregate number of shares prior to the reverse split is divisible by 10. The proposal entails that the Company's share capital is increased by NOK 0.25 through the issue of 5 new shares, each with a par value of NOK 0.05.

 

Please direct any further questions to: ir@interoil.no.

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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.

 
Files
Statement regarding executive remuneration
AGM Notice 2015
Nomination committee proposal

Interoil Main Office:
c/o Advokatfirmaet Schjødt AS
Ruseløkkveien 14
NO-0251 Oslo, Norway

Phone: (+47) 67 51 86 50
Fax: (+47) 67 51 86 60
info@interoil.no

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