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Holding(s) in Company

25 Jun 2010 17:17

RNS Number : 2968O
Max Petroleum PLC
25 June 2010
 



Max Petroleum Plc

(the "Company")

 

Holdings in Company

 

25 June 2010

 

On 23 June 2010, the Company received notification that, as of 1 June 2010, Deutsche Bank AG ("Deutsche Bank") held a beneficial interest in convertible bonds in the Company, which are convertible into 25,756,293 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1.

 

Applying the delta-adjusted method of calculating beneficial interest, Deutsche Bank held less than 3 percent of the total voting rights attached to the issued ordinary share capital of the Company at that date.

 

Enquiries:

 

Max Petroleum Plc

 

 

Michael Young

President and Chief Financial Officer

Tel: +44 (0)20 7355 9590

 

Peter Moss

Vice President

Investor Relations and Business Development

 

Merlin PR

 

Tom Randell / Anca Spiridon

Tel: +44 (0)207 726 8400

WH Ireland Ltd

 

Daniel Bate

Tel: +44 (0)161 832 2174

 

Macquarie Capital Advisers

Paul Connolly / Ben Oakley

Tel: +44 (0)203 037 2000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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