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Message: 418586
Date/time 25.01.2017 09:26
Issuer Petrolia SE
IssuerID PDR
Instrument
Market OB
Category MAJOR SHAREHOLDING NOTIFICATIONS
Subject to information requirements   Mandatory notifications
Attachment
Title Bond conversion - DISCLOSURE OF MAJOR SHAREHOLDING
Text
Reference is made to the announcements on 19 December 2016 and on 20 January 2017.
The new shares have now been issued to the investors and following now own more than 
5% of the shares.

INDEPENDENT OIL & RESOURCES PLC  owned 13 381 639  (49.13%) prior to the conversion 
and now owns 24 711 429  (45.97 %) shares.

INTERNATIONAL OILFIELD SERVICES  had no shares prior to the conversion and now owns 
3 730 486  (6.94 %) shares.

TOT DRILLING LTD. had no shares prior to the conversion and now owns 3 709 888 (6.90 
%) shares.

LARSEN OIL & GAS AS is a 100% owned subsidiary of INCREASED OIL RECOVERY AS. Before 
the conversion they together owned 6 308 616 (23.16%) shares. After the conversion 
they together own 7 070 467 (24.89%) shares.


One shareholder has been diluted below 5%.
Ø. H. HOLDING AS owned 1 386 482 (5.09%) prior to the conversion and now owns 1 386 
482 (2.58 %) shares.

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