Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Holding(s) in Company

17th Jun 2010 18:03

RNS Number : 8342N
Max Petroleum PLC
17 June 2010
 



Max Petroleum Plc

(the "Company")

 

Holdings in Company

 

17 June 2010

 

On 17 June 2010, the Company received notification that, as at 14 June 2010 following the increase in the issued ordinary share capital of the Company to 449,574,729 ordinary shares ("Ordinary Shares") announced on that date, Macquarie Bank Limited ("Macquarie") held a direct beneficial interest in 276,340,099 Ordinary Shares in the Company, consisting of 7,572,706 Ordinary Shares and a warrant entitling it to acquire a further 268,767,393 Ordinary Shares at an exercise price of 4.54-19.22p per share. If these warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of Macquarie would represent 38.5% of the then issued ordinary share capital of the Company.

 

Enquiries:

 

Max Petroleum Plc

 

 

Michael Young

President and Chief Financial Officer

Tel: +44 (0)20 7355 9590

 

Peter Moss

Vice President

Corporate Development and Investor Relations

 

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
 
END
 
 
HOLGGUPUQUPUGMM

Related Shares:

MXP.L
FTSE 100 Latest
Value8,418.25
Change0.91