Indexplus Trust 2003-1 Pref Share IPB 6.05 Perp 051533

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<p>** IPB Petroleum slides 33.3% to A$0.006, lowest since November 5** Oil and gas explorer to raise up to A$1.27 mln ($838,835) at A$0.008/share via placement** Issue prices represents 11.1% discount to last close** About 7.2 mln shares traded, 2.9x the 30-day average** YTD, IPB flat($1 = A$1.5140)</p>

Reuters

Australia's IPB Petroleum slides to 1-month low on discounted placement

<p>IPB Petroleum Ltd. has announced that Mr. Martin Rowney has increased his shareholding in the company from 10.19% to 11.75% through on-market purchases. This change indicates a growing interest and potential influence by Mr. Rowney in the company's strategic decisions, which may impact its future direction and stakeholders.</p>

Tip Ranks

IPB Petroleum Shareholding Update: Increased Stake by Martin Rowney