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Issue of Shares

15th Jul 2008 17:35

RNS Number : 1493Z
Max Petroleum PLC
15 July 2008
 



Max Petroleum Plc 

(the "Company")

Issue of Shares

15 July 2008

The Company announced on 14 July 2008 that it had closed its exchange agreement with Horizon Services N.V. ("Horizon") and Oriental Limited ("Oriental") as of 11 July 2008. Pursuant to this agreement, the Company has now issued 37,000,000 new ordinary shares of 0.01p each to Oriental

Application has been made for the 37,000,000 ordinary shares to be admitted to trading on AIM, and dealings are expected to commence on 21 July 2008Following this issue of shares, the Company's  total issued share capital is now 365,278,737 ordinary shares.

Enquiries:

Mark Johnson, Chief Executive Officer 

Michael Young, Chief Financial Officer

Peter Moss, Investor Relations Manager

Max Petroleum Plc

Tel: 020 7355 9590

Tom Randell / Anca Spiridon

Merlin PR

Tel: 020 7653 6620

Daniel Bate / David Youngman

WH Ireland Ltd

Tel: 0161 832 2174

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