MINUTES EXTRAORDINARY GENERAL MEETING ON 15 DECEMBER 2016
Please find attached the minutes from the Extraordinary
General Meeting held today.
The shareholder meeting today approved the proposal
presented through the announcements issued by PDR on 22
November 2016. The company will now excersise its call
USD 13.25 million of the bond loan (ISIN NO001075576.2) will
be converted to 26.50 million new shares. The bonds are
valued at par value, USD 1.00 and the shares are priced at
USD 0.50. It is expected that new shares can be issued and
listed in Q1 2017.
This information is subject of the disclosure requirements
acc. to § 5 -12 vphl (Norwegian Securities Trading Act).
Limassol 15 December 2016