25.01.2016 08:10:00
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PA Resources Has Applied for Delisting of Its SEK Denominated Bond
PA Resources AB ("the company”) (OSE:PAR)(STO:PAR) has submitted an application to delist its SEK denominated bond from Nasdaq Stockholm after receiving unanimous approval for the necessary changes to the bond terms and conditions from its bondholders. The approved changes to the terms and conditions have reduced the financial reporting requirements allowing the company to continue its cost saving efforts.
The company has proposed 1 February 2016 as the last day of trading on the exchange. The final trading day will, however, ultimately be determined by Nasdaq Stockholm upon approval of the application. After the delisting it will still be possible to trade the bond "over the counter”.
Stockholm 25 January, 2016 PA Resources AB (publ)
The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 08:00 CET 25 January 2016.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160124005068/en/
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