Holding(s) in Company

RNS Number : 4599U

Borders & Southern Petroleum plc

21 December 2011

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Borders & Southern Petroleum plc Sedol B08F459

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 qualifying 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) subject to the notification obligation:	1Lansdowne Partners Limited being the     General Partner of Lansdowne Partners      Limited Partnership 2 Lansdowne Partners International Limited
4. Full name of shareholder(s) (if different from 3.):	HSBC Client Holdings UK Ltd (Registered Shareholder)
5. Date of the transaction and date on which the threshold is crossed or reached:	19/12/11
6. Date on which issuer notified:	21/12/11
7. Threshold(s) that is/are crossed or reached:	15%,  16%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights
			Direct	Direct	Indirect	Direct	Indirect
Ordinary Shares	67,979,000	67,979,000			60,978,379		14.23%
GB00B08F4599

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
60,978,379	14.23%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited.

Proxy Voting:
10. Name of the proxy holder:	Lansdowne Partners Limited
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 holding based on ordinary shares in issue of 428,578,404
14. Contact name:	Kamran Salahuddin
15. Contact telephone number:	[phone]

 

END

 

 

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