Resolutions from Annual General Meeting in Selena Oil & Gas Holding AB

At the Annual General Meeting (AGM) of Selena Oil & Gas Holding AB (publ) on
the 31 of July 2013, was resolved to adopt the income statement and balance
sheet and the consolidated income statement and the consolidated balance sheet
for financial year 2012. The meeting resolved on adoption of dispositions of
the Company’s result as presented in the publicly presented annual report of
2012, presentation of balance sheet and proposed disposition.


The meeting resolved to discharge directors Paul Waern and Karl Bleschert from
liabilities for the financial year 2012. Discharge from liabilities was denied
directors Indrek Rahumaa, Staffan Torstensson-Bernstein, Vyacheslav Pershukov,
Nadezhda Popova, and Yuri Gusev. Discharge from liabilities was also denied the
Managing Director Jürgen Lamp for financial year 2012.

The Director’s fee was set at SEK 125,000 per year for the members of the Board
of Directors and SEK 150,000 per year for the Chairman of the Board of
Directors.

The board members Lars Bergström, Indrek Rahumaa, Jürgen Lamp, PeO Sjöstedt,
Staffan Torstensson and Paul Waern were re-elected. It was resolved to reelect
PricewaterhouseCoopers AB as auditor, with Martin Johansson as responsible
auditor, until end of the annual general meeting 2014.

The proposal to authorize the Board of Directors to resolve on a providing the
board of directors with a mandate to decide on a new share issue was withdrawn
from the agenda.

 

A minority of shareholders holding 17 % of shares requested, and was granted,
to conduct a special audit of the management of the company during 2012 until
July 31st, 2013  

For further information, please contact:

Magnus Stuart, CEO

+46 706 211 350

 

Selena Oil & Gas Holding AB (publ) (former Emitor Holding AB) is engaged in the
production and transportation of oil and gas in the Volga-Ural region in the
Russian Federation, including Perm and Udmurtia. The company is listed on
NASDAQ OMX First North Premier in Stockholm under the ticker SOGH. Mangold
Fondkommission is the company´s Certified Adviser and liquidity provider,
telephone +46 8-503 015 50.