MAX PETROLEUM PLC (United Kingdom) announced changes made to City Code on Takeovers and Merges ("the Code")
25.09.13 17:49
/KASE, September 25, 13/ – MAX PETROLEUM PLC (London), shares of which
are officially listed on Kazakhstan Stock Exchange (KASE), provided to
KASE the following press release of September 24, 2013:
quotation
Max Petroleum Plc, an oil and gas exploration and production company
focused on Kazakhstan confirms that as a consequence of changes to the
City Code on Takeovers and Mergers (the “Code”), the Company will, from
30 September 2013, become subject to the Code.
The Company had previously been able to rely on an exemption that as its
place of central management and control was outside of the UK the Code did
not apply. However following the changes to the Code, this exemption no
longer applies.
Contacts:
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
ends
[2013-09-25]