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 263,150 new ordinary shares at an exercise price of 10 pence per share, for a total cash inflow of £26,315. Following this issuance, the company's total issued share capital will comprise 888,308,216 ordinary shares, with this figure serving as the denominator for shareholders' notification requirements under the FCA's Disclosure Guidance and Transparency Rules. Admission of the new shares to trading on AIM is anticipated around 28 September 2026.

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