Notice to Annual General Meeting of shareholders in Petrosibir AB (publ)

The shareholders of Petrosibir AB (publ) (hereinafter the "Company") are hereby given notice to attend the Annual General Meeting to be held at 10 AM on Tuesday 28 May 2019 at Scandic Anglais, Humlegårdsgatan 23 in Stockholm.

Notification and right to participate
The right to participate at the general meeting vests in a person who: is registered as a shareholder in the share register maintained by Euroclear Sweden AB regarding circumstances pertaining on 22 May 2019; and not later than 22 May 2019 notifies the Company of their intention to participate at the general meeting. 

Notice of participation may be given by post to Petrosibir AB, P O Box 5216, 102 45 Stockholm or by e-mail to [email protected]. The notification should state the name, personal ID or registration number, address, daytime telephone number and shareholding of the shareholder. Authorization documents such as power of attorney and registration certificates should, where appropriate, be submitted to the Company prior to the general meeting. Shareholders who wish to be accompanied by one or two assistants may give notice thereof within the time and in the manner applicable to shareholders. A power of attorney form is available on

Shareholders with nominee-registered shares must, in order to be entitled to participate at the general meeting, request that the nominee effects a temporary re-registration (voting right registration) of the shares in ample time prior to 22 May 2019.

Proposed agenda
1. Opening of the meeting
2. Election of a chairman of the general meeting
3. Preparation and approval of the voting register
4. Election of one or two persons to attest the minutes
5. Determination of whether the general meeting has been duly convened
6. Approval of the agenda
7. Presentation of the annual report and auditor's report as well as consolidated financial statements and auditor's report for the group. CEO presentation including strategic options for Petrosibir
8. Resolutions regarding
   a) adoption of the income statement and balance sheet as well as the consolidated income statement and the consolidated balance sheet
   b) allocation of the Company's profits or losses in accordance with the adopted balance sheet
   c) discharge from liability of the directors and CEO
9. Determination of the numbers of directors and auditors and alternate auditors
10. Determination of fees for the Board of Directors and the auditors
11. Information regarding appointments held in other companies by candidates for election to the Board of Directors, election of directors and auditor and alternate auditor
12. Closure of the general meeting

Chairman of the annual general meeting (item 2)
It is proposed that the lawyer, Joacim Öhlund, be elected to chair the annual general meeting. 

Allocation of the Company's earnings (item 8 b)
The Board proposes that no dividend is paid for the financial year 2018. 

Election of directors, Chairman of the Board, auditor and fees (items 9-11)
Currently there is no proposal for the composition of the board and no proposal regarding remuneration to the board. Such proposals will be presented no later than at the AGM. 

It is proposed that the company shall have one auditor and no alternate auditor. It is further proposed election of the authorized auditing firm WINTHERS Revisionsbyrå AB. If WINTHERS Revisionsbyrå AB is appointed the public authorized auditor Ragnar Santesson will serve as the auditor in charge.

It is proposed that the auditors are paid in accordance with approved invoices.

The Company currently has 29,773,862 shares registered with the Swedish Companies Registration Office (Sw Bolagsverket), of which 761,900 are shares of series A (10 votes/share) and 29,011,962 are shares of series B (1 vote/share). The number of voting rights amounts to 36,630,962.

The Company's annual report for 2018 will be published no later than on 7 May 2019. The Board's complete proposals for resolutions and other documents pending the general meeting will be available at the Company's offices (addresses above) at the latest from the 7 May 2019 and will be sent free-of-charge to shareholders who so request and provide their mailing address. During the same period the documents will also be available on and will be presented at the general meeting.

If requested by a shareholder and provided that the Board deems that it can take place without causing material damage to the Company, the Board and the CEO shall provide information about circumstances that may affect the assessment of an item on the agenda, circumstances that may affect the assessment of the Company's or its subsidiaries' financial situation, and the Company's relationship with another company within the Group.

Stockholm, April 2019 

Petrosibir AB (publ)

The Board of Directors

Stockholm, 30 April 2019

For more information, please contact:
Pavel Tetyakov, CEO, +46 8 407 1850

Gunnar Danielsson, deputy CEO and CFO, +46 70 738 0585

About Petrosibir
Petrosibir is a Swedish company focused on exploring and developing concessions in Russia. The company holds licenses in the Russian republics of Bashkiria and Komi. Petrosibir's 2P oil and gas reserves amount to 35 million barrels of oil equivalent. The Petrosibir share is traded on the OTC-list at beQuoted under the symbol PSIB-B. 

This is an English translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.

Om Petrosibir

Petrosibir är ett svenskt bolag med inriktning på prospektering och utvinning av olja och gas i Ryssland.

Olja och gas


Få löpande information från Petrosibir via e-post.


Marknad beQuoted inofficiella Kortnamn PSIB-B ISIN-kod SE0000514572