13 Nov 2009 09:43
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Max Petroleum PlcΒ
(theΒ "Company")
Exercise of warrants
13Β NovemberΒ 2009
The Company announcesΒ that,Β pursuant to a warrant deed to subscribe forΒ Ordinary SharesΒ of 0.01p ("Shares")Β of the Company dated 11Β August 2009,Β onΒ 11 NovemberΒ 2009Β Jabre Capital Partners SA Global FundΒ exercised a right to subscribe forΒ 400,000 Shares at an exercise price of 5 penceΒ per Share, resultingΒ in theΒ issue and allotmentΒ ofΒ 400,000Β newΒ Shares.Β
Application has been made for theseΒ SharesΒ to be admitted to trading onΒ AIMΒ onΒ 18Β NovemberΒ 2009.Β Following thisΒ allotment, the Company's issued ordinaryΒ shareΒ capitalΒ is nowΒ comprised ofΒ 410,990,338Β Shares.
Enquiries:
|
Max Petroleum Plc |
MichaelΒ YoungΒ President and Chief Financial Officer |
Tel: +44 (0)20 7355 9590 |
|
PeterΒ MossΒ Vice President Investor Relations and Business Development |
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Merlin PR |
Tom RandellΒ /Β Anca Spiridon |
Tel:Β +44 (0)207Β 726 8400 |
|
WH Ireland Ltd |
DanielΒ BateΒ |
Tel: +44 (0)161 832 2174 |
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