Borders & Southern Petroleum plc
15 September 2026
15 September 2026
Borders & Southern Petroleum plc
("Borders & Southern" or the "Company")
Exercise of Warrants
Borders & Southern Petroleum plc(AIM: BOR), theLondonbased independent oil and gas exploration company with appraisal and exploration assets offshore theFalkland Islands, announces that it has received notification from a warrant holder to exercise warrants over 251,600new ordinary shares of1 penceeach in the capital of the Company ("Warrant Shares") at the exercise price of10 penceper Warrant Share, for an aggregate cash value of£25,160.
Application has been made for admission of the Warrant Shares to trading on AIM ("Admission") and it is expected that Admission will occur on or around22 September 2026. The Warrant Shares will rank pari passu with the existing ordinary shares of1 penceeach in the capital of the Company (“Ordinary Shares”).
The balance of the warrants expire on September 21 unless exercised before that date.
Total Voting Rights
Following Admission, the total issued share capital of the Company will consist of 886,571,382 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 886,571,382 and this is the figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please visitwww.bordersandsouthern.comor contact:
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Borders & Southern Petroleum plc |
Tel: 020 7071 6984 |
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Harry Baker, CEO |
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Zeus (NOMAD and Joint Broker) |
Tel: 0203 829 5000 |
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Nick Searle Simon Johnson Antonio Bossi Andrew de Andrade |
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Hannam & Partners (Joint Broker) |
Tel: 0207 907 8500 |
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Neil Passmore Leif Powis |
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Tavistock (Financial PR) |
Tel: 020 7920 3150 |
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Simon Hudson Nick Elwes |
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Notes to Editors:
Borders & Southern Petroleum plc is an oil & gas exploration company listed on the London Stock Exchange AIM (BOR). The Company operates and has a 100% interest in three Production Licences in the South Falkland Basin covering an area of nearly 10,000 square kilometres. The Company has acquired 2,517 square kilometres of 3D seismic and drilled two exploration wells, making a significant gas condensate discovery with its first well.
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