MAX PETROLEUM PLC (United Kingdom) announces GLG Partners LP holdings in company

22.04.13 17:53
/KASE, April 22, 13/ – MAX PETROLEUM PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of April 18, 2013: quote On 17 April 2013, the Company received notification that, as of 15 April 2013, GLG Partners LP ("GLG") held an interest in 270,086,912 ordinary shares in the Company ("Ordinary Shares") consisting of 268,770,073 Ordinary Shares and a warrant entitling GLG to acquire a further 1,316,839 Ordinary Shares at an exercise price of 5p per share. If these warrants were exercised (and assuming no other convertible bonds, warrants or options in the Company were exercised) the resulting holding of GLG would represent 14.9% of the then issued share capital of the Company. Enquiries: Max Petroleum Plc Michael Young President and Chief Financial Officer Tom Randell Director of Investor Relations tel. +44 (0)207 355 9590 College Hill David Simonson/ Anca Spiridon tel. +44 (0)207 457 2020 WH Ireland Ltd Daniel Bate / Katy Mitchell tel. +44 (0)161 832 2174 Macquarie Capital Steve Baldwin/ Jeffrey Auld/ Nicholas Harland tel. +44 (0)203 037 2000 Oriel Securities Michael Shaw / Ashton Clanfield tel. +44 (0)207 710 7600 unquote [2013-04-22]