Borders & Southern Petroleum plc has issued 326,666 new ordinary shares of one pence each following a warrants exercise at 1.5 pence per warrant share, for an aggregate £4,900.
On admission, the company’s total issued share capital will consist of 878,456,911 ordinary shares, each with voting rights.
Borders does not hold any ordinary shares in treasury.
The company holds oil and gas appraisal and exploration assets, including the Darwin gas condensate discovery, offshore the Falkland Islands.