29th Sep 2009 16:56
Max Petroleum Plc
(the "Company")
Exercise of warrants
29 September 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, Credit Suisse Client Nominees UK Limited have exercised a right to subscribe for Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 12,420,000 new Shares.
Application has been made for these Shares to be admitted to trading on AIM on 2 October 2009. Following this allotment, the Company's issued ordinary share capital will be comprised of 391,313,672 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 / Anca Spiridon |
Tel: +44 (0)20 7653 6620 |
|
WH Ireland Ltd |
Daniel Bate |
Tel: +44 (0)161 832 2174 |
Related Shares:
MXP.L