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 £0.26. 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
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Katherine Roe / Callum Stewart Panmure Gordon (UK) Limited Tel: 020 7459 3600
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Simon Hudson Tavistock Communications Tel: 020 7920 3150 |