The board of Tethys Oil proposes distribution to the

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
The board of Tethys Oil proposes distribution to the shareholders of SEK 3.00 per share

The board of directors in Tethys Oil proposes to the annual general meeting 2015 a total distribution of SEK 3.00 per share, equal to MSEK 106, be paid for the 2014 fiscal year. The distribution is proposed to be made by a cash dividend of SEK 1.00 per share and by redemption of shares of SEK 2.00 per share. Tethys Oil has generated significant cash flows in recent years and the group’s financial position is strong. It is therefore the view of the board that there is room for cash distribution to the shareholders. The board of directors has resolved to propose to the annual general meeting a cash dividend of SEK 1.00 per share and a mandatory share redemption procedure, whereby every share is split into one ordinary share and one redemption share. The redemption share is then automatically redeemed at SEK 2.00 per share. This corresponds to a total distribution to shareholders of SEK 3.00 per share amounting to SEK 105,575,070. The dividend and share redemption are subject to approval at the annual general meeting 2015, which will be held on 13 May 2015. Further information regarding the board’s proposal will be presented in the notice and the documents for the annual general meeting.   For further information, please contact Magnus Nordin, managing director, phone +46 8 505 947 00 -------------------------------------------------------------------------------- --------------------------------- The information in this press release has been made public by the Company in accordance with the Securities Market Act and/or the Financial Instruments Trading Act.   Tethys Oil AB (publ) Tethys Oil is a Swedish energy company focused on exploration and production of oil and natural gas. Tethys Oil’s core area is Oman, where the company is one of the largest onshore oil and gas concession holders. Tethys Oil also has exploration and production assets onshore France and Lithuania. The shares are listed on Nasdaq Stockholm (TETY). Website: www.tethysoil.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Flux Expands AI Platform to Prove Engineering ROI

Updated Category News Views 7

Navigating the AI Maze: Flux's New Pathways Ever feel like these engineering platforms speak a language of their own? Flux's latest expansion finally offers a translator that matters. It's all about decoding whether your AI investment is delivering the goods. Engineering leaders now have more than just fluffy metrics; Flux breaks down real code-based evidence to show if...

Continue Reading
Synopsys-TSMC Collaboration Drives AI System Evolution

Updated Category News Views 4

Synopsys and TSMC: The New Power Couple in AI Ah, the world of semiconductors—where the chips are small but the stakes are colossal. Once again, Synopsys and TSMC have thrown their hats into the ring, diving headfirst into yet another ambitious collaboration. Their latest mission? To fast-track the evolution of AI systems through a suite of innovations strapped to...

Continue Reading
Kansas City Current's Grand Playoff Push in 2026

Updated Category News Views 5

A Celebration of Fans and Momentum Some things are bigger than just a match. The Kansas City Current’s event, 'One Current 2026: Bigger Home. Bigger Future.' ain't just another day on the pitch. This is about expanding a vision that has the whole town buzzing. On Sunday, October 25, the buzzhits fever pitch as CPKC Stadium rolls out the biggest event in its...

Continue Reading
EZ Elephant's Ladder-Free Gutter Fix Debuts at Expo

Updated Category News Views 4

A New Leaf in Gutter Maintenance From the ground up, EZ Elephant is redefining how we tackle gutter maintenance. Picture it: never having to teeter on that wobbly ladder again just to unclog your gutters. This American-made solution, showcased at the Western Roofing Expo from September 27–29, 2026, is a game changer. Check out Booth #834 to see this marvel of innovation...

Continue Reading
IWP and SHARE Forge New Path for Filmmaker Funding

Updated Category News Views 4

Revolutionizing Film Financing The film industry has always been a tough nut to crack. Imagine trying to keep your creative baby yours without surrendering the crown jewels of intellectual property. Well, now, the cavalry with a fresh game plan has arrived, and both investors and filmmakers might be ready for another round. This isn't the typical PR fairytale; it's...

Continue Reading
Navigating Hit and Run Protocols in St. Tammany Parish

Updated Category News Views 3

When the Driver Disappears: Steps Forward Hit and run accidents can leave you feeling abandoned and unsure of what to do. In St. Tammany Parish, this scenario is all too familiar. Personal Injury Attorney Ross F. Lagarde cuts through the chaos, offering a clear path for those caught in this nightmare, explained in HelloNation's comprehensive guide. Prioritize Safety and...

Continue Reading
First Lady Steals NYSE Show, Investors Eye Stakes

Updated Category News Views 4

Something's Buzzing at the Big Board Walk over to Wall Street on September 23rd, and guess what you get? A lot more than just stock tickers blinking away. First Lady Melania Trump’s stealing the show at the New York Stock Exchange to kick off the inaugural IMPERIA Summit. She’s there to sound the opening bell and lead the charge in a summit that's focused on the...

Continue Reading
Youth Mental Health: New Survey Spurs Action

Updated Category News Views 3

What's the 2025 Survey Telling Us? Numbers hit like a gut punch, don't they? The 2025 National Youth Risk Behavior Survey unveils some hard truths — truths that can't be softer just because we've made headway. We're talking about one in three high schoolers in this country feeling persistently down. That's about 33.3% of them, wrestling with sadness and hopelessness...

Continue Reading
1.8M Moves in England: The Admin Maze Explained

Updated Category News Views 5

Navigating the Address Change Labyrinth Every time that welcome mat rolls out in a new spot, you're signing up for a mountain of paperwork. Sloth Move just painted a picture of the administrative mess awaiting those 1.8 million English households that decided 'new view, new digs' last year. Their analysis highlights why moving home means more than packing boxes—it's...

Continue Reading
Newmark's $482.5M Loan Fuels Steamboat Resort Expansion

Updated Category News Views 4

Newmark Banks on Steamboat's Future Diving headfirst into the deep end, Newmark (NASDAQ: NMRK) just roped in a colossal $482.5 million loan for a new gem in Steamboat Springs, Colorado. Inking a deal of this magnitude ain't your everyday rinse-and-repeat; it's a bold move that speaks volumes about where the big shots think value's heading. The Financial Fuel: GoldenTree...

Continue Reading

Top 5 Most Recently Viewed Articles

Magnetic North Highlights Update on Management Cease Trade Order

Updated Category News Views 190

Update on Management Cease Trade Order CALGARY and TORONTO — Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) is pleased to provide a bi-weekly update on the management cease trade order (MCTO) that was granted by the Alberta Securities Commission. This order was initiated due to the company's inability to file its audited annual financial statements and related...

Continue Reading
FireFly Metals Initiates Bold Exploration Campaign with New Funds

Updated Category News Views 169

FireFly Metals Charts New Course with Significant Capital Raising FireFly Metals Ltd (ASX: FFM, TSX: FFM) is thrilled to announce its highly successful equity raising initiative, securing approximately A$139 million to fuel an expansive exploration campaign. This funding will catalyze the growth of its Green Bay Copper-Gold Project, a venture poised for heightened...

Continue Reading
Methanex Corporation Declares New Quarterly Dividend Payment

Updated Category News Views 192

Methanex Corporation Announces Quarterly Dividend Methanex Corporation, a leading global supplier of methanol, recently declared a quarterly dividend of US$0.185 per share, showcasing its strong financial performance and commitment to returning value to its shareholders. This dividend is scheduled to be paid to stockholders on September 30, 2025, with record holders on...

Continue Reading
Himax Technologies Insights: Upcoming Conference Call Details

Updated Category News Views 71

Himax Technologies Conference Call Announcement Himax Technologies, Inc. (NASDAQ: HIMX), a prominent player in the semiconductor industry, has officially scheduled a conference call to discuss its financial performance for the third quarter of 2024. This call is set to engage investors and analysts, providing a comprehensive overview of the company's financial results....

Continue Reading
Growth of Commercial Combi Ovens Market Expected to Soar

Updated Category News Views 454

Exploring the Bright Future of the Commercial Combi Ovens Market The global commercial combi ovens market is anticipated to experience remarkable growth in the coming years. Significant innovations and a surge in demand from various end-users such as restaurants, catering services, and institutional kitchens are set to propel this market forward. The market is estimated...

Continue Reading