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Exercises of Warrants

7th Oct 2009 09:09

RNS Number : 3726A
Max Petroleum PLC
07 October 2009
 

Max Petroleum Plc 

(the "Company")

Exercises of warrants

7 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 2 October 2009 Credit Suisse Client Nominees Ltd exercised a right to subscribe for 250,000 Shares at an exercise price of 5 pence per Share

on 5 October 2009 Deutsche Bank AG exercised a right to subscribe for 2,800,000 Shares at an exercise price of pence per Share

These exercises have resulted in the issue and allotment of 3,050,000 new Shares. 

Application has been made for these Shares to be admitted to trading on AIM on 12 October 2009 Following this allotmentthe Company's issued ordinary share capital is comprised of 397,863,672 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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