Exercise of Warrants

Summary by AI BETAClose X

Borders & Southern Petroleum plc has announced the exercise of warrants by a holder, resulting in the issuance of 1,875,000 new ordinary shares at an exercise price of 10 pence per share, raising £187,500. Application has been made for these new shares to be admitted to trading on AIM around September 11, 2026, and they will rank equally with existing shares. Following this, the company's total issued share capital will comprise 886,319,782 ordinary shares with voting rights.

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