RNS Number : 1110G
Max Petroleum PLC
26 June 2012
?
Max Petroleum Plc
(the "Company")
Holdings in Company
26 June 2012
On 25 June 2012, the Company received notification that, as of 22 June 2012, Henderson Global Investors ("Henderson") held a beneficial interest in 109,790,513 ordinary shares in the Company ("Ordinary Shares"), consisting of 86,090,849 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 10.5% 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
|
|
|
Merlin PR
|
David Simonson/ Anca Spiridon
|
Tel: +44 (0)207 726 8400
|
|
WH Ireland Ltd
|
Daniel Bate / Robin Gwyn
|
Tel: +44 (0)161 832 2174
|
|
Macquarie Capital
|
Paul Connolly / Steve Baldwin
|
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
HOLPGUBCQUPPGQA