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Holding(s) in Company

26 Jun 2012 07:00

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
 
 
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