Brief: Petrolia: Bondholders approve proposed conversion clause

Petrolia S.E

08/12/2016 12:37

Dec 8 (Reuters) - Petrolia SE  PDR.OL : 
    * Bondholders approve proposed conversion clause  
    * Proposal is that $13.25 million of bond loan (ISIN NO001075576.2) is converted to 26.50 
million new shares 
    * Bonds are valued at par value, $1.00 and shares are priced at $0.50 
 
Source text for Eikon:  ID:nObipJxr3a  
Further company coverage:  PDR.OL  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))