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Holding(s) in Company

Date : 26/06/2012 @ 07:01
Source : UK Regulatory (RNS & others)
Stock : Max Petrol (MXP)
Quote : 4.15  0.11 (2.72%) @ 16:35

Holding(s) in Company

TIDMMXP

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 GBP1. 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       Michael Young                     Tel: +44 (0)207 355 
    Plc                 President and Chief Financial     9590 
                        Officer 
                       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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