MXP.L Regulatory News (MXP)

2 Oct 2009 09:25

Max Petroleum Plc 

(the "Company")

Exercise of warrants

2 October 2009

The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p ('Shares') of the Company dated 11 August 2009, on 30 September 2009 Deutsche Bank AG exercised a right to subscribe for Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 3,500,000 new Shares. 

Application has been made for these Shares to be admitted to trading on AIM on 7 October 2009.Following this allotment, the Company's issued ordinary share capital will be comprised of394,813,672 Shares.

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