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Exercise of Warrants

2nd Oct 2009 09:25

RNS Number : 1300A
Max Petroleum PLC
02 October 2009
 

Max Petroleum Plc 

(the "Company")

Exercise of warrants

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 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

Merlin PR

Tom Randell / Olga Gorodilina

Tel: +44 (0)20 7653 6620

WH Ireland Ltd

Daniel Bate 

Tel: +44 (0)161 832 2174

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