MAX PETROLEUM PLC (United Kingdom) announces Macquarie Bank Limited ("Macquarie") and SIB (Cyprus) Limited stake in company
12.09.13 16:01
/KASE, September 11, 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 11, 2013:
quote
On 10 September 2013, the Company received notification, that as at 3 September
2013, SIB (Cyprus) Limited ("Sberbank"), beneficially owned by Sberbank of
Russia OJSC, held an indirect beneficial interest in 197,180,534 Shares
representing 9.06% of the outstanding share capital of the Company through a
call option ("Call Option”) granting Sberbank the right to purchase 197,180,534
ordinary shares of the Company ("Shares") held by Macquarie Bank Limited
(“Macquarie”) without an entitlement for Sberbank to vote the Shares until
Sberbank exercises the Call Option.
On 9 September 2013, the Company also received notification that, as at 6
September 2013 Macquarie held 197,180,534 Shares, subject to the Call Option
described above, and warrants entitling it to acquire a further 974,755 Shares
at an exercise price of 13.83-19.22p per Share. If these warrants were exercised
(and assuming no other warrants or options in the Company were exercised) the
resulting holding of Macquarie would represent 9.10% of the then issued
ordinary 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
[2013-09-12]