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Holding(s) in Company

9th Oct 2012 14:31

RNS Number : 3038O
Max Petroleum PLC
09 October 2012
 



Max Petroleum Plc

(the "Company")

 

Holdings in Company

 

9 October 2012

 

On 8 October 2012, the Company received notification that, as of 5 October 2012, Henderson Global Investors ("Henderson") held a beneficial interest in 119,755,515 ordinary shares in the Company ("Ordinary Shares"), consisting of 110,023,974 Ordinary Shares and convertible bonds held in the Company, which are convertible into 9,731,541 Ordinary Shares at a conversion price of 32p per share at a fixed USD/GBP exchange rate of $1.49 to £1. If these convertible bonds were exercised (and assuming no other convertible bonds, warrants or options in the Company were exercised) the resulting holding of Henderson would represent 11.6% of the then issued share capital of the Company.

 

 

Enquiries:

 

Max Petroleum Plc

 

 

Michael Young

President and Chief Financial Officer

Tel: +44 (0)207 355 9590

 

Tom Randell

Director of Investor Relations

 

College Hill

 

David Simonson/ Anca Spiridon

Tel: +44 (0)207 457 2020

WH Ireland Ltd

 

Daniel Bate / Katy Mitchell

Tel: +44 (0)161 832 2174

 

Macquarie Capital

Steve Baldwin/ Jeffrey Auld/ Nicholas Harland

 

Tel: +44 (0)203 037 2000

Oriel Securities

Michael Shaw / Ashton Clanfield

Tel: +44 (0)207 710 7600

 

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