The three largest shareholders in the oil- and gas group PA Resources have
appointed their representatives in the Nomination Committee for the Annual
General Meeting 2008.
PA Resources AB's Nomination Committee for 2008 comprises of the following
representatives:
- Jan Kvarnström, Chairman of the Board, appointed at the Annual General
Meeting 2007
- Niklas Adler, appointed by the shareholder Bertil Lindkvist
- Lars Olof Nilsson, appointed by the shareholder Ulrik Jansson with controlled
companies
- Harald Hellebust, appointed by the shareholder Jan Haudemann-Andersen with
controlled companies
PA Resources AB's guiding principles for the appointment of the Nomination
committee were decided upon at the Annual General Meeting (AGM) on May 9, 2007,
and are based on the principles in the Swedish Code of Corporate Governance. PA
Resources' Nomination Committee shall comprise of four representatives. One of
the representatives must be the Chairman of the Board and the rest of the
representatives are to be appointed by the three largest shareholders in the
company as by the 30th of September 2007. One of the three shareholder
representatives in the Nomination Committee is to be appointed to Chairman of
the committee.
The Nomination committee is expected to leave suggestions on the number of
Board members, the composition of the Board, the Chairman of the Board, Board
members' and auditor's fees, the Chairman at the AGM and, when applicable, the
election of auditors.
Those who want to leave suggestions or point of views to the Nomination
Committee, can do this in writing by sending a letter to:
PA Resources AB
Attention: Nomination Committee
Kungsgatan 44
SE-111 35 Stockholm
Sweden
or by e-mail to valberedningen@paresources.se
Stockholm, December 6, 2007
PA Resources AB (publ)
PA Resources AB (publ) is a fast growing oil and gas group company with the
business strategy to acquire, develop and exploit oil and gas reserves, as well
as explore new findings. The Group operates in Tunisia, Norway, Great Britain,
Denmark, Equatorial Guinea and the Republic of Congo (Brazzaville). PA
Resources is today one of the largest oil producers in Tunisia. The parent
company is located in Stockholm, Sweden.
PA Resources AB's net sales amounted to approximately SEK 843 Million during
2006. The company is listed on the Oslo Stock Exchange in Norway (segment OB
Match) and on the OMX Nordic Exchange in Stockholm, Sweden (segment MidCap).
For additional information, please visit www.paresources.se.
