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Exercise of Options

19th Sep 2011 07:00

RNS Number : 4449O
Max Petroleum PLC
19 September 2011
 



Max Petroleum Plc

("Max Petroleum" or the "Company")

 

Exercise of Options

 

19 September 2011

 

The Company announces that on 16 September 2011 options were exercised by an employee over 326,667 ordinary shares of 0.01 pence in the Company ("Shares") at an exercise price of 4.75 pence per Share.  Application has been made for these Shares to be admitted to trading on AIM on 23 September 2011.

 

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consisted of 923,395,278 Shares with voting rights attached (one vote per Share). There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Max Petroleum under the DTRs.

 

Enquiries:

 

Max Petroleum Plc

 

 

Michael Young

President and Chief Financial Officer

Tel: +44 (0)20 7355 9590

 

Tom Randell

Director of Investor Relations

 

Merlin PR

 

David Simonson / Anca Spiridon

Tel: +44 (0)207 726 8400

WH Ireland Ltd

 

Daniel Bate / Robin Gwyn

Tel: +44 (0)161 832 2174

 

Macquarie Capital Advisers

Paul Connolly / Ben Oakley

Tel: +44 (0)203 037 2000

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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