Finance News Oil & Gas

Borders issues 125,800 new shares

Borders & Southern Petroleum plc has issued 125,800 new ordinary shares of one pence each, following a warrants exercise at 10 pence per warrant share, for an aggregate £12,580.

Operator: of three production licences in the South Falkland Basin (Pixabay)

TVRs

Following admission, the company’s total issued share capital will comprise 881,168,824 ordinary shares. with voting rights.

Borders does not hold any ordinary shares in treasury.

The company owns and operates three production licences, covering nearly 10,000 km2, located in the South Falkland Basin.