RNS Number : 8554I
Max Petroleum PLC
31 July 2012
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Max Petroleum Plc
(the "Company")
Holdings in Company
31 July 2012
On 30 July 2012, the Company received notification that, as of 26 July 2012, Henderson Global Investors ("Henderson") held a beneficial interest in 121,868,798 ordinary shares in the Company ("Ordinary Shares"), consisting of 98,169,134 Ordinary Shares and convertible bonds held in the Company, which are convertible into 23,699,664 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 11.7% of the then issued share capital of the Company.
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Enquiries:
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Max Petroleum Plc
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Michael Young
President and Chief Financial Officer
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Tel: +44 (0)207 355 9590
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Tom Randell
Director of Investor Relations
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Merlin PR
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David Simonson/ Anca Spiridon
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Tel: +44 (0)207 726 8400
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WH Ireland Ltd
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Daniel Bate / Katy Mitchell
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Tel: +44 (0)161 832 2174
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Macquarie Capital
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Paul Connolly / Steve Baldwin
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Tel: +44 (0)203 037 2000
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Oriel Securities
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Michael Shaw / Ashton Clanfield
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Tel: +44 (0)207 710 7600
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This information is provided by RNS
The company news service from the London Stock Exchange
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