3rd Feb 2010 18:08
Max Petroleum Plc
(the "Company")
Exercise of warrants
3 February 2010
The Company announces today that, pursuant to a warrant deed to subscribe for ordinary shares of 0.01 pence each in the Company ("Shares") dated 1 December 2009, Citigroup Global Markets UK Equity Limited exercised a right to subscribe for 1,280,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 1,280,000 new Shares.
Application has been made for these Shares to be admitted to trading on AIM on 9 February 2010. Following this allotment, the Company's issued ordinary share capital is now comprised of 432,751,497 Shares.
Enquiries:
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Max Petroleum Plc
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Michael Young President and Chief Financial Officer |
Tel: +44 (0)20 7355 9590
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Peter Moss Vice President Investor Relations and Business Development
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Merlin PR
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Tom Randell / Anca Spiridon |
Tel: +44 (0)207 726 8400 |
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WH Ireland Ltd
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Daniel Bate |
Tel: +44 (0)161 832 2174
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Related Shares:
MXP.L