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Exercise of Options

Date : 26/01/2012 @ 09:30
Source : UK Regulatory (RNS & others)
Stock : Borders & Sth. (BOR)
Quote : 3.475  0.75 (27.52%) @ 16:35

Exercise of Options


RNS Number : 2184W

Borders & Southern Petroleum plc

26 January 2012

26 January 2012

Borders & Southern Petroleum plc (AIM: BOR)

Exercise of Share Options

Borders and Southern Petroleum plc ("Borders & Southern" or "the Company") announces that the Company has today issued and allotted 200,000 new ordinary shares pursuant to the exercise of options at an exercise price of GBP0.26. Application will be made for these new shares to be admitted to trading on AIM and dealings are expected to commence on 1 February 2012.

The revised total number of ordinary shares in issue will be 428,778,404.

For further information please visit www.bordersandsouthern.com or contact:

Peter Fleming, Finance Director 
 Borders & Southern Petroleum plc 
 Tel: 020 7661 9348 
Katherine Roe / Callum Stewart 
 Panmure Gordon (UK) Limited 
 Tel: 020 7459 3600 
Simon Hudson 
 Tavistock Communications 
 Tel: 020 7920 3150 

This information is provided by RNS

The company news service from the London Stock Exchange



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