Director/PDMR Shareholding

RNS Number : 0328B

Borders & Southern Petroleum plc

19 October 2009

 



Borders and Southern Petroleum Plc

Grant of Share Options

The Board of Borders and Southern Petroleum Plc (AIM: BOR) announces that it has today (19 October 2009) granted options over ordinary shares in the capital of the Company at an exercise price of £0.575 each to the following directors:

Director	Number of options
Howard Obee	250,000
Peter Fleming	250,000
Nigel Hurst-Brown	250,000

Options granted are not exercisable for a period of three years from date of grant and may then be exercised for a period of seven years thereafter.

Following the grant of the above options, the interests of each of the above in the capital of the Company are as follows:

	No. of Shares	% of issued shares	No. of Options
Howard Obee	10,000,000	5.15	300,000
Peter Fleming	2,200,000	1.13	300,000
Nigel Hurst-Brown	1,330,000	0.68	250,000

19 October 2009

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

Howard Obee	Simon Hudson
Borders & Southern Petroleum plc	Tavistock Communications
Tel: [phone]	Tel: [phone]
Dominic Morley	Guy Wilkes
Panmure Gordon (UK) Limited	Ocean Equities
Tel: [phone]	Tel: [phone]

 

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