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

09.09.13 17:04
/KASE, September 9, 13/ – MAX PETROLEUM PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of September 6, 2013: quote On 5 September 2013, the Company received notification that as of 3 September 2013, GLG Partners LP ("GLG") held an interest in 322,077,815 Ordinary Shares consisting of 321,272,668 Ordinary Shares and a warrant entitling GLG to acquire a further 805,147 Ordinary Shares at an exercise price of 5p per share. If this warrant were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of GLG would represent 14.8% 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/ Nicholas Harland Tel: +44 (0)203 037 2000 Oriel Securities Michael Shaw / Tom Yeadon Tel: +44 (0)207 710 7600 unquote [2013-09-09]