5th Oct 2009 07:00
Max Petroleum Plc
(the "Company")
Holdings in Company
5 October 2009
On 2 October 2009, the Company received notification that Integrated Core Strategies (Europe) S.a.r.l. ("ICS") held an indirect beneficial interest in 14,470,038 Ordinary Shares, consisting of convertible bonds held in the Company, which are convertible into 10,470,038 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1, and a warrant entitling ICS to acquire a further 4,000,000 Ordinary Shares at an exercise price of 5p per share. If these convertible bonds and warrants were exercised (and assuming no other convertible bonds, warrants or options in the Company were exercised) the resulting holding of ICS would represent 3.5% of the then issued share capital of the Company. The Company currently has 394,813,672 Ordinary Shares in issue.
Enquiries:
|
Max Petroleum Plc |
Michael Young President and Chief Financial Officer |
Tel: +44 (0)20 7355 9590 |
|
Peter Moss Investor Relations Manager |
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|
Merlin PR |
Tom Randell / Olga Gorodilina |
Tel: +44 (0)20 7653 6620 |
|
WH Ireland Ltd |
Daniel Bate |
Tel: +44 (0)161 832 2174 |
Related Shares:
MXP.L