9 March 2010
The Company announces that, on 8 March 2010, options were exercised over 1,000,000 ordinary shares of 0.01 pence in the Company (“Shares”) at an exercise price of 4.75 pence per Share. Application has been made for these Shares to be admitted to trading on AIM on 15 March 2010. Following this allotment, the Company’s issued ordinary share capital is now comprised of 436,251,497 Shares.
8 March 2010
The Company announces today that, pursuant to a warrant deed to subscribe for ordinary shares of 0.01 pence each in the Company (“Shares”) dated 26 October 2009, Deutsche Bank AG exercised a right to subscribe for 2,500,000 Shares at an exercise price of 5 pence per Share.
8 March 2010
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce today that it has commenced drilling the KZN-1 exploration well on the North Kyzylzhar II East Block prospect in Block E, the second of twelve post-salt exploration prospects scheduled to be drilled by the Company on Blocks A&E.
5 March 2010
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, announces today that the Company has paid the 8 March 2010 interest payment due on its US$75,000,000 6.75% Convertible Bonds (the “Bonds”) in cash, electing not to convert the interest payment into additional principal on the Bonds (the “PIK Option”).
1 March 2010
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that, as a result of the acquisition by J.P. Morgan of the shares in J.P. Morgan Cazenove Limited it did not already own, J.P. Morgan Securities Ltd