27th Oct 2009 10:30
Max Petroleum Plc
(the "Company")
Exercises of warrants
27 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 26 October 2009 Deutsche Bank AG exercised a right to subscribe for 2,500,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 2,500,000 new Shares.
Application has been made for these Shares to be admitted to trading on AIM on 2 November 2009. Following this allotment, the Company's issued ordinary share capital is now comprised of 405,613,672 Shares.
Enquiries:
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Max Petroleum Plc |
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 |
Tom Randell / Olga Gorodilina |
Tel: +44 (0)20 7653 6620 |
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WH Ireland Ltd |
Daniel Bate |
Tel: +44 (0)161 832 2174 |
Related Shares:
MXP.L