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Holding(s) in Company

11th Mar 2011 16:27

RNS Number : 8300C
Max Petroleum PLC
11 March 2011
 



Max Petroleum Plc

(the "Company")

 

Holdings in Company

 

11 March 2011

 

On 10 March 2011, the Company received notification that, as at 9 March 2011 Macquarie Bank Limited ("Macquarie") held directly and indirectly a beneficial interest in 276,340,099 ordinary shares in the Company ("Ordinary Shares"), consisting of 141,544,653 Ordinary Shares and a warrant entitling it to acquire a further 134,795,446 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 26.4% 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 / Katy Mitchell

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
 
 
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