2nd Oct 2009 09:25
Max Petroleum Plc
(the "Company")
Exercise of warrants
2 October 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p ('Shares') of the Company dated 11 August 2009, on 30 September 2009 Deutsche Bank AG exercised a right to subscribe for Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 3,500,000 new Shares.
Application has been made for these Shares to be admitted to trading on AIM on 7 October 2009.Following this allotment, the Company's issued ordinary share capital will be comprised of394,813,672 Shares.
Enquiries:
Max Petroleum Plc |
Michael Young President and Chief Financial Officer |
Tel: +44 (0)20 7355 9590 |
Peter Moss Investor Relations Manager |
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Merlin PR |
Tom Randell / Olga Gorodilina |
Tel: +44 (0)20 7653 6620 |
WH Ireland Ltd |
Daniel Bate |
Tel: +44 (0)161 832 2174 |
Related Shares:
MXP.L