MAX PETROLEUM PLC announces Deutsche Bank AG ("DB") stake in company
/KASE, July 8, 14/ – MAX PETROLEUM PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of July 7, 2014:
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On 4 July 2014, the Company received notification that, as of 27 June 2014, Deutsche Bank AG ("DB") was interested in 154,046,420 ordinary shares in the Company ("Ordinary Shares"), consisting of 153,926,420 Ordinary Shares and warrants entitling DB to acquire a further 120,000 Ordinary Shares at an exercise price of 5p per share. If these warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of DB would represent 7.08% of the then issued share capital of the Company.
Enquiries: Max Petroleum Plc Tom Randell Director of Investor Relations tel. +44 (0)207 355 9590
Oriel Securities Michael Shaw / Tom Edon tel. +44 (0)207 710 7600
Charles Stanley Securities Mark Taylor/Marc Milmo tel. +44 (0)207 149 6000
Instinctif Partners David Simonson/ Anca Spiridon tel. +44 (0)207 457 2020
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[2014-07-08]