29th Apr 2010 18:14
Max Petroleum Plc
(the "Company")
Holdings in Company
29 April 2010
On 29 April 2010, the Company received notification that, as of 28 April 2010, APG Algemene Pensioen Groep N.V. ("APG") held indirectly a beneficial interest in 24,668,065 ordinary shares in the Company ("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 convertible bonds, warrants or options in the Company were exercised) the resulting holding of APG would represent 5.3% of the then issued ordinary share capital of the Company.
Enquiries:
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Max Petroleum Plc
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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
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Tom Randell / Anca Spiridon |
Tel: +44 (0)207 726 8400 |
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WH Ireland Ltd
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Daniel Bate |
Tel: +44 (0)161 832 2174
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Related Shares:
MXP.L