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]