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Shelton Petroleum increases bid for Petrogrand


Friday, 14 Mar 2014 07:38am EDT 

Shelton Petroleum AB:Completes the offer for Petrogrand shares.Offer increased to 0.44 Shelton B shares for each Petrogrand share.Offer accepted by owners holding in total 5,028,420 Petrogrand shares (12.5 pct share capital), including Metroland.Owners holding in total 25 pct of shares in Petrogrand accepted or agreed to accept the offer.Acceptance period extended up to and including March 28. 

Company Quote

11.85
1.95 +19.70%
19 Dec 2014