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Holding(s) in Company

11th Oct 2010 17:01

RNS Number : 2128U
Max Petroleum PLC
11 October 2010
 



Max Petroleum Plc

(the "Company")

 

Holdings in Company

 

11 October 2010

 

On 11 October 2010, the Company received notification that, as of 30 September 2010, APG Algemeen Pensioen Groep NV ("APG") held a beneficial interest in convertible bonds in the Company, which are convertible into 25,164,737 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1.

 

Applying the delta-adjusted method of calculating beneficial interest, APG held less than 3 percent of the total voting rights attached to the issued ordinary share capital of the Company at that date.

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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