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 251,600 new ordinary shares at an exercise price of 10 pence per share, for a total cash inflow of £25,160. These new shares, expected to be admitted to trading on AIM around September 22, 2026, will rank equally with existing shares. Following this issuance, the company's total issued share capital will comprise 886,571,382 ordinary shares with voting rights. The remaining warrants are set to expire on September 21, 2026, unless exercised beforehand.

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