Borders & Southern Petroleum plc has issued 355,250 new ordinary shares of one pence each, following a warrants exercise at a price of 10 pence per warrant share, for a total £35,525.
TVRs
Following admission, the company’s total issued share capital will comprise 878,812,161 ordinary shares, each with voting rights.
Borders does not hold any ordinary shares in treasury.
The oil and exploration company and operator owns 100% of three production licences covering nearly 10,000 km2, and the Darwin gas condensate discovery, in the South Falkland Basin.