5th Jan 2010 14:56
Max Petroleum Plc
(the "Company")
Holdings in Company
5 January 2010
On 4 January 2010, the Company received notification that, as of 24 December 2009 General Enterprise Management Services (International) Limited ("GEMS") became a parent undertaking of ARF Energy Limited ("ARF") and has an indirect beneficial interest in 54,800,001 ordinary shares in the Company ("Ordinary Shares") consisting of a warrant entitling ARF to acquire 54,800,001 Ordinary Shares at an exercise price of 4.54-5.67p per share. If these warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of ARF would represent 11.7% of the voting rights of the then issued share capital of the Company.
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 Corporate Development and Investor Relations |
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Merlin PR |
Tom Randell / Anca Spiridon |
Tel: +44 (0)207 726 8400 |
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WH Ireland Ltd |
Daniel Bate |
Tel: +44 (0)161 832 2174 |
Related Shares:
MXP.L