27th Oct 2010 15:01
Max Petroleum Plc
(the "Company")
Exercise of warrants
27 October 2010
The Company announces today that on 26 October 2010, pursuant to a warrant deed to subscribe for ordinary shares of 0.01 pence each in the Company ("Shares") dated 18 September 2009, Credit Suisse Client Nominees UK Ltd exercised a right to subscribe for 2,000,000 Shares at an exercise price of 5 pence per Share. Application has been made for these Shares to be admitted to trading on AIM on 2 November 2010. Following this allotment, the Company's issued ordinary share capital is now comprised of 451,574,729 Shares.
Enquiries:
Max Petroleum Plc
| Michael Young President and Chief Financial Officer | Tel: +44 (0)20 7355 9590
|
Peter Moss Vice President Investor Relations and Business Development
| ||
Merlin PR
| Tom Randell / Anca Spiridon | Tel: +44 (0)207 726 8400 |
WH Ireland Ltd
| Daniel Bate | Tel: +44 (0)161 832 2174
|
Macquarie Capital Advisers | Paul Connolly / Ben Oakley | Tel: +44 (0)203 037 2000 |
Related Shares:
MXP.L