22nd Jul 2009 07:00
RNS Number : 0574W
Max Petroleum PLC
22 July 2009
Max Petroleum Plc
(the "Company")
Holdings in Company
22 July 2009
On 21 July 2009, the Company received notification that, as of 17 July 2009, Deutsche Bank AG (“DB”) and its subsidiaries held a beneficial interest in 5,807,528 ordinary shares in the Company (“Ordinary Shares”) and an indirect beneficial interest in 23,585,810 Ordinary Shares arising from conversion rights of convertible bonds held in the Company, which are convertible into Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1. If these convertible bonds were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of DB would represent 7.56% of the then issued share capital of the Company. The Company currently has 365,278,737 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 / Anca Spiridon |
Tel: +44 (0)20 7653 6620 |
|
WH Ireland Ltd |
Daniel Bate |
Tel: +44 (0)161 832 2174 |
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
MXP.L