Tethys Oil AB (publ) announced that at the AGM held on May 13, 2015, the shareholders have resolved on a total distribution of SEK 3.00 per share to the shareholders for the financial year 2014, equal to SEK 106 million in total, given the company's current holding of own shares. The distribution will be made partly by a cash dividend of SEK 1 per share and partly by a share redemption procedure resolved on by the meeting comprising a share split whereby every share is split into one new ordinary share and one redemption share, where after the redemption share is automatically redeemed at SEK 2 per redemption share.

The shareholders have also elected Dennis Harlin and Geoffrey Turbott as new directors. Dennis Harlin was elected as new chairman of the board.