Deutsche Oel & Gas I S.A.

  • WKN: DGAS52
  • ISIN: DE000A18X5C7
  • Land: Großherzogtum Luxemburg

Nachricht vom 27.11.2017 | 15:41

Deutsche Oel & Gas S.A.: Conversion of share classes and completed issue of bonus shares

DGAP-News: Deutsche Oel & Gas S.A. / Key word(s): Miscellaneous

27.11.2017 / 15:41
The issuer is solely responsible for the content of this announcement.


DEUTSCHE OEL & GAS S.A.: CONVERSION OF SHARE CLASSES AND COMPLETED ISSUE OF BONUS SHARES

  • CLASS B, C AND E SHARES HAVE BEEN CONVERTED TO CLASS A SHARES
  • ISSUE OF OVER 2.4 MILLION BONUS SHARES


Luxembourg, 27 November 2017: Following the decision taken at its extraordinary General Meeting held on 29 June 2017, it has been established via a notarial declaration that Deutsche Oel & Gas S.A. shall convert all 219,564,308 Class B shares, 10,000,000 Class C shares and 24,000,000 Class E shares into a total of 253,564,308 Class A shares. This measure is part of the preparations for the planned listing in Riga.

In addition, pursuant to Article 6 of the Company's articles of association, it has been determined via a notarial declaration that Class A bonus shares shall be issued to all shareholders of former Class B and Class C shares. The principal shareholder of the Company and the Company itself are excluded from this distribution. The bonus shares shall be issued by means of a notarised capital increase of the company through the capitalisation of carried forward profits. In total, 2,435,652 Class A bonus shares are being issued to former Class B and Class C shareholders. The subscribed capital of the company is now EUR 502,435,652, split into 377,435,652 Class A shares and 125,000,000 Class D shares.

About Deutsche Oel & Gas S.A.:
Deutsche Oel & Gas S.A. is domiciled in Luxembourg (www.deutsche-oel-gas.com) and is the holding company of the Deutsche Oel & Gas Group, which specialises in the exploration for and the production of natural gas and crude oil in the Cook Inlet Basin in Alaska. The Deutsche Oel & Gas Group holds the majority of the oil and gas leases in the Kitchen Lights Unit, which covers an area of 337 square kilometers in the Cook Inlet Basin.

Contact:
Thomas Knipp / Marco Quacken
Members of the board
Deutsche Oel & Gas S.A.
Email: press@deutsche-oel-gas.com
Tel.: +352 2786 2290



27.11.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC-Fokusbox

International School Augsburg (ISA) – erste Schule in Deutschland geht an die Börse

Die International School Augsburg – ISA- gemeinnützige AG geht als erste Schule in Deutschland an die Börse und macht damit erstmals das Thema „Bildung“ unter ESG-Kriterien investierbar. Mit dem geplanten Emissionserlös soll ein Campus-Neubau finanziert werden, um die hohe Nachfrage bedienen zu können. In unserer Researchstudie haben wir die hohe Bedeutung der ISA für den regionalen Wirtschaftsstandort, eine hohe Stabilität der Geschäftsentwicklung sowie hohe Sicherheiten durch vorhandene Sachwerte ermittelt. Das Rating lautet KAUFEN.

News im Fokus

Fresenius Medical Care AG & Co. KGaA veröffentlicht Form 20-F für das Geschäftsjahr 2020

24. Februar 2021, 10:51

Aktueller Webcast

TK Elevator GmbH

Release of Annual Report 2019/2020 and Trading Update/Flash Reporting Q1 2020/2021

26. Februar 2021

Aktuelle Research-Studie

Nynomic AG

Original-Research: Nynomic AG (von Montega AG): Kaufen

25. Februar 2021