The share capital in Tethys Oil amounts to SEK 6,050,862 divided into  33,056,608 shares, each of which have a quota value of SEK 0.18. Each share entitles to one vote. All shares are entitled to equal parts in Tethys Oil’s assets and profits. At a General Meeting, each shareholder that is entitled to vote, may vote for his/her full voting power present at the General Meeting, without any limitation.

Tethys Oil has, in accordance with resolution on the Annual General Meeting on 19 May 2021, launched a mandatory share redemption procedure whereby every share in Tethys Oil is split into one ordinary share and one redemption share. As a result, the number of shares and votes in Tethys Oil has changed. The change is temporary since the same AGM also resolved on a redemption of the new shares. As per 31 May 2021, the total number of shares amounts to 66,113,216, of which 33,056,608 are ordinary shares and 33,056,608 are redemption shares.

 

Development of the share capital

Since 2001, the share capital has developed according to the table set forth below.

Year Transaction Change in number of shares Total number of shares Change in share capital, SEK Total share capital, SEK Quota value
2001 The company is registered 1,000 1,000 100,000 100,000 100
2001 Share issue 4,000 5,000 400,000 500,000 100
2001 Split 100:1 495,000 500,000 500,000 1
2003 Share issue 250,000 750,000 250,000 750,000 1
2004 Split 2:1 750,000 1,500,000 750,000 0.5
2004 Share issue 2,884,800 4,384,800 1,442,400 2,192,400 0.5
2006 Non-cash issue 400,000 4,784,800 200,000 2,392,400 0.5
2006 Share issue 956,960 5,741,760 478,480 2,870,880 0.5
2007 Share issue 300,000 6,041,760 150,000 3,020,880 0.5
2007 Subscription of warrants (December) 2 6,041,762 1 3,020,881 0.5
2007 Share issue 125,000 6,166,762 62,500 3,083,381 0.5
2007 Set-off issue 226,000 6,392,762 113,000 3,196,381 0.5
2008 Split 3:1 12,785,524 19,178,286 3,196,381 0.17
2008 Share issue 4,800,000 23,978,286 800,000 3,996,381 0.17
2008 Subscription of warrants 1,800 23,980,086 300 3,996,681 0.17
2009 Private placement 3,300,000 27,280,086 550,000 4,546,681 0.17
2009 Subscription of warrants 769,005 28,049,091 128,167 4,674,848 0.17
2010 Subscription of warrants 1,144,451 29,193,542 190,742 4,865,590 0.17
2010 Private placement 500,000 29,693,542 83,334 4,948,924 0.17
2010 Subscription of warrants 2,810,947 32,504,489 468,491 5,417,415 0.17
2011 Non-cash issue 39,261 32,543,750 6,544 5,423,958 0.17
2012 Private placement (July) 3,000,000 35,543,750 501,667 5,925,625 0.17
2015 Share split 1:2
(redemption shares)
35,543,750 71,087,500 5,925,625 0.08
2015 Redemtion -35,543,750 35,543,750 -2,962,813 2,962,813 0.08
2015 Bonus issue 35,543,750 2,962,813 5,925,625 0.17
2016 Share split 1:2
(redemption shares)
35,543,750 71,087,500 5,925,625 0.08
2016 Redemtion -35,543,750 35,543,750 -2,962,813 2,962,813 0.08
2016 Bonus issue 35,543,750 2,962,813 5,925,625 0.17
2018 Share split 1:2
(redemption shares)
35,543,750 71,087,500 5,925,625 0.08
2018 Redemtion -35,543,750 35,543,750 -2,962,813 2,962,813 0.08
2018 Bonus issue 35,543,750 2,962,813 5,925,625 0.17
2018 Subscription of warrants 352,560 35,896,310 58,777 5,984,402 0.17
2019 Share split 1:2
(redemption shares)
35,896,310 71,792,620 5,984,402 0.08
2019 Redemtion -35,896,310 35,896,310 -2,992,201 2,991,201 0.08
2019 Bonus issue 35,896,310 2,992,201 5,984,402 0.17
2019 Subscription of warrants 398,650 36,294,960 66,460 6,050,862 0.17
2020 Share split 1:2
(redemption shares)
36,294,960 72,589,920 6,050,862 0.08
2020 Redemtion -36,294,960 36,294,960 -3,025,431 3,025,431 0.08
2020 Bonus issue 36,294,960 3,025,431 6,050,862 0.17
2020 Redemption of treasury shares -3,238,352 33,056,608 -539,877 5,510,985 0.17
2020 Bonus issue 33,056,608 539,877 6,050,862 0.18
2021 Share split 1:2
(redemption shares)
33,056,608 66,113,216 6,050,862 0.09