Tethys Oil aims to provide a long-term sustainable and growing ordinary dividend funded by cash flow from its producing assets. Distributions to the shareholders must always be aligned with the Company’s long term operational and financial commitments, market conditions and access to external funding. In order to enable the company to optimise its capital structure, further shareholder distribution may be carried out by various methods such as redemption shares or share repurchases.

2021

The AGM 2021 resolved on a dividend for the financial year 2020 of SEK two (2) per share to be paid in May 2021. The record date for the dividend is 21 May 2021, which means that the last days of trading in the share including the right to receive dividends is 19 May 2021.

The AGM 2021 also resolved on an extraordinary distribution of SEK two (2) per outstanding share. In order to effect the extraordinary distribution, the Meeting resolved on a share split (1:2), a reduction of the share capital with redemption of shares and an increase of the share capital by way of a bonus issue equalling the amount of the reduced share capital. The record date for the share split is 27 May 2021, which means that the last day of trading including the right to receive split shares is 25 May 2021.

2020

Tax recommendations redemption procedure 2020

The Swedish tax agency has issued recommendations regarding the redemption procedure in 2019 that may be helpful for your declaration.

The documents are only available in Swedish:

Skatteverkets information om fördelning av anskaffningsutgift för aktier med anledning av inlösen år 2020 av aktier i Tethys Oil AB mot kontantlikvid

Skatteverkets allmänna råd om fördelning av anskaffningsutgift för aktier med anledning av inlösen år 2020 av aktier i Tethys Oil AB mot kontantlikvid

2019

Tax recommendations redemption procedure 2019

The Swedish tax agency has issued recommendations regarding the redemption procedure in 2019 that may be helpful for your declaration.

The documents are only available in Swedish:

Skatteverkets meddelande (in Swedish)

Skatteverkets allmänna råd (in Swedish)