DNO International ASA has been notified that Petrolia Invest AS and Erik J. Frydenbø have filed a request for an injunction with the Oslo District Court seeking to block the completion of the merger with RAK Petroleum PCL's MENA operating subsidiaries.
The Company sees the request for injunction as another frivolous attack on, and attempt to interfere with, the merger by the former chairman, Berge Gerdt Larsen, his associates and his advisors. It falls in line with, and is seen as a continuation of efforts by the same parties to interfere with the merger prior to the extraordinary general meeting by means of a campaign of disinformation and factual distortion.
DNO is of the clear view that the request is completely without merit and will vigorously defend against it. The merger was adopted by a strong majority at the extraordinary general meeting on 1 November 2011, and the merger is expected to be completed in January 2012.
Oslo, 12 December 2011
DNO International ASA Corporate Communications
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DNO International ASA via Thomson Reuters ONE
[HUG#1570465]
Unternehmen: DNO International ASA - ISIN: NO0003921009
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