Borders & Southern Petroleum plc Holding(s) in Company (1449C)

TIDMBOR

RNS Number : 1449C

Borders & Southern Petroleum plc

12 March 2014

 
 For filings with issuer exclude 
  the annex 
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
 1. Identity of the issuer or                        Borders & Southern 
  the underlying issuer of existing                   Petroleum Plc 
  shares to which voting rights 
  are attached: 
--------------------------------------------------  -------------------------- 
 2. Reason for the notification (please tick 
  the appropriate box or boxes) 
--------------------------------------------------  -------------------------- 
 An acquisition or disposal of voting rights                     x 
--------------------------------------------------  -------------------------- 
 An acquisition or disposal of financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting 
  rights are attached 
--------------------------------------------------  -------------------------- 
 An acquisition or disposal of instruments 
  with similar economic effect to qualifying 
  financial instruments 
--------------------------------------------------  -------------------------- 
 An event changing the breakdown of voting 
  rights 
--------------------------------------------------  -------------------------- 
 Other (please specify): 
--------------------------------------------------  -------------------------- 
 3. Full name of person(s)                           Ignis Investment Services 
  subject to the notification                                 Limited 
  obligation: 
--------------------------------------------------  -------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
--------------------------------------------------  -------------------------- 
 5. Date of the transaction                                 11/03/2014 
  and date on which the 
  threshold is crossed or 
  reached if different: 
--------------------------------------------------  -------------------------- 
 6. Date on which issuer                                    12/03/2014 
  notified: 
--------------------------------------------------  -------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached:                                           7% 
--------------------------------------------------  -------------------------- 
 
 
 
 8.Notified details: Nominee holdings 
------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------ 
 Class/type      Situation               Resulting situation after 
  of              previous                the triggering transaction 
  shares          to the triggering 
                  transaction 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ----------------------  -------------------------------------------------- 
                 Number     Number       Number    Number of             % of voting 
                  of         of Voting    of        voting rights         rights 
                  Shares     Rights       shares 
                             (viii) 
--------------  ---------  -----------  --------  --------------------  ------------------ 
                                         Direct    Direct   Indirect     Direct   Indirect 
--------------  ---------  -----------  --------  -------  -----------  -------  --------- 
 GB00B08F4599               33,685,117                      33,746,428            6.97% 
-------------------------  -----------  --------  -------  -----------  -------  --------- 
 
 
 B: Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
  (xii) 
---------------------------------------------------------------------------------------------------------------------- 
 Type of                   Expiration     Exercise/                         Number of                    % of voting 
  financial                 date           Conversion                        voting rights                rights 
  instrument                               Period/ Date                      that may be 
                                                                             acquired if 
                                                                             the instrument 
                                                                             is exercised/ 
                                                                             converted. 
------------------------  -------------  --------------------------------  ---------------------------  -------------- 
 
 C: Financial Instruments with similar economic 
  effect to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of                 Exercise       Expiration        Exercise/       Number of          % of voting 
  financial              price          Date              Conversion      voting rights       rights 
  instrument                                              period          instrument 
                                                                          refers to 
----------------------  -------------  ----------------  --------------  -----------------  -------------------------- 
                                                                                             Nominal         Delta 
----------------------  -------------  ----------------  --------------  -----------------  ----------  -------------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                    Percentage of voting right 
---------------------------------------------------------  ----------------------------------------------------------- 
 33,746,428                                                 6.97% 
---------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and/or the financial instruments 
  are effectively held, if applicable: 
---------------------------------------------------- 
 Nominees:- 
  HSBC (33,746,428.00 6.97%) 
  Phoenix Group Holdings 
  Impala Holdings Limited 
  Ignis Asset management Ltd 
  Ignis Investment Services Ltd (indirect) 
---------------------------------------------------- 
 
 
 Proxy Voting: 
----------------------------------- 
 10. Name of the proxy holder: 
----------------------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
----------------------------------- 
 12. Date on which proxy holder 
  will cease to hold voting rights: 
----------------------------------- 
 
 
 13. Additional information:    Percentage calculation based 
                                 on Issued Share Capital of 
                                 484,098,404 
-----------------------------  ----------------------------- 
 14. Contact name:              Investment Operations 
-----------------------------  ----------------------------- 
 15. Contact telephone 
  number:                           0141 222 8158 
-----------------------------  ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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