Holding(s) in Company

RNS Number : 6304V

Borders & Southern Petroleum plc

16 January 2012

For filings with issuer exclude the annex
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 PTL.
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			X
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:	Ignis Investment Services Limited
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached if different:	06/01/2012
6. Date on which issuer notified:	09/01/2012
7. Threshold(s) that is/are crossed or reached:	4%

1. 1. 1.

8.Notified details: Nominee holdings
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 ^viii	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
B08F459					17,116,463		3.99%

B: Financial Instruments
Resulting situation after the triggering transaction ^xii
Type of financial instrument		Expiration date		Exercise/ Conversion Period/ Date			Number of voting rights that may be acquired if the instrument is exercised/ converted.		% of voting rights
CFD							325,000		0.08%
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

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

Vidacos Nominees Ltd (16,632,730.00 3.88%)

BNY (OCS) Nominees Ltd (483,733.00 0.11%)

HSBC (164,000.00 0.04%)

Merrill Lynch (161,000.00 0.04%)

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 428578404
14. Contact name:	Jean Birrell
15. Contact telephone number:	0141 222 8226