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15 Jun 2009 12:50
Holdings in Company
15Β JuneΒ 2009
OnΒ 11Β JuneΒ 2009, the Company received notificationΒ thatΒ GLG Partners LLP ("GLG")Β heldΒ an indirect beneficial interest inΒ 49,664,430 Ordinary SharesΒ arising from conversion rights ofΒ convertible bonds held in the Company, which are convertible into Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to Β£1.Β If theseΒ convertible bondsΒ were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding ofΒ GLGΒ would representΒ 11.97%Β of the then issued share capital of the Company.Β The Company currently has 365,278,737Β Ordinary Shares in issue.Β
Enquiries:
|
Max Petroleum Plc |
Michael YoungΒ President and Chief Financial Officer |
Tel: +44 (0)20 7355 9590 |
|
Peter MossΒ Investor Relations Manager |
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|
Merlin PR |
Tom RandellΒ /Β Anca Spiridon |
Tel: +44 (0)20 7653 6620 |
|
WH Ireland Ltd |
Daniel BateΒ |
Tel: +44 (0)161 832 2174 |
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