Strong support for DNO International-RAK Petrol...

DNO International ASA's shareholders today approved the proposed merger with RAK Petroleum PCL's MENA operating subsidiaries by 76.5 percent favorable votes at an extraordinary general meeting held in Oslo. "I am very pleased with the shareholders' resounding endorsement of DNO's board, management and our forward strategy. This transaction is the first of many that will transform DNO into a larger, stronger oil and gas company," says Bijan Mossavar-Rahmani, Executive Chairman. "After weeks of unnecessary noise and distraction, we can focus again on creating value for all shareholders," he added. The proposed merger will be presented to the shareholders of RAK Petroleum for a vote at an extraordinary general meeting on 3 November. Oslo, 1 November 2011 DNO International ASA Corporate Communications This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: DNO International ASA via Thomson Reuters ONE [HUG#1559957]
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