1 Dec 2014 12:31
1 December 2014
Max Petroleum Plc
("Max Petroleum" or the "Company")
Conclusion of formal sale process
Max Petroleum announces that, following the General Meeting held earlier today at which all the resolutions relating to the proposed £37.1 million Subscription by AGR Energy were duly passed, the review of strategic options and the formal sale process announced on 22 July 2014 has now been concluded and, as such, the Company is no longer in an offer period for the purposes of the Takeover Code.
ENQUIRIES:
Max Petroleum Plc | +44 (0) 20 3713 4015 |
Tom Randell | |
Oriel Securities Limited | |
Michael Shaw | +44 (0) 20 7710 7600 |
Tom Yeadon | |
Save where the context requires otherwise, capitalised terms used in this announcement shall have the same meaning as ascribed to them in the Company's circular dated 12 November 2014.