8 October 2024
Borders & Southern Petroleum plc
("Borders & Southern" or the "Company")
Holdings in Company
Borders & Southern (AIM: BOR), a London based independent oil and gas exploration company, has received a TR1 from Alan Brimacombe, who subscribed for 13,333,333 new ordinary shares for £200,000 as part of the Company's recent fundraising,
TR-1: Standard form for notification of major holdings
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Borders and Southern Petroleum PLC | |||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
| Non-UK issuer | | |||||
| 2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
| An acquisition or disposal of voting rights | X | |||||
| An acquisition or disposal of financial instruments | | |||||
| An event changing the breakdown of voting rights | | |||||
| Other (please specify): | | |||||
| 3. Details of person subject to the notification obligation | ||||||
| Name | Alan Douglas Brimacombe | |||||
| City and country of registered office (if applicable) | Calgary, Alberta, Canada | |||||
| 4. Full name of shareholder(s) (if different from 3.) | ||||||
| Name | | |||||
| City and country of registered office (if applicable) | | |||||
| 5. Date on which the threshold was crossed or reached: | October 08.2024 | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | October 08, 2024 | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
| | % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | ||
| Resulting situation on the date on which threshold was crossed or reached | 12.15% | 0 | 12.15% | 100,983,333 | ||
| Position of previous notification (if applicable) | 11.1% | | | | ||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached | |||||||||
| A: Voting rights attached to shares | |||||||||
| Class/type of ISIN code (if possible) | Number of voting rights | % of voting rights | |||||||
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||
| GB00B08F4599 | 100,983,333 | 0 | 100,983,333 | 0 | |||||
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| SUBTOTAL 8. A | 100,983,333 | | |||||||
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| B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||
| Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
| NA | | | | | |||||
| | | | | | |||||
| | | | | | |||||
| | | SUBTOTAL 8. B 1 | 0 | | |||||
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| B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||
| Type of financial instrument | Expiration | Exercise/ | Physical or cash Settlement | Number of voting rights | % of voting rights | ||||
| NA | | | | | | ||||
| | | | | | | ||||
| | | | | | | ||||
| | |
| SUBTOTAL 8.B.2 | 0 | | ||||
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| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer | | |||
| Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) | | |||
| Name | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
| Alan Douglas Brimacombe | 12.15 | | 12.15 | |
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| 10. In case of proxy voting, please identify: | ||||
| Name of the proxy holder | NA | |||
| The number and % of voting rights held | | |||
| The date until which the voting rights will be held | | |||
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| 11. Additional information | ||||
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| Place of completion | Calgary, Alberta, Canada |
| Date of completion | October 08, 2024 |
For further information please visit www.bordersandsouthern.com or contact:
| Borders & Southern Petroleum plc Harry Baker, CEO Tel: 020 7661 9348 |
| |
| SP Angel Corporate Finance LLP (NOMAD and Broker) Stuart Gledhill/Richard Hail / Adam Cowl Tel: 020 3470 0470
Tavistock (Financial PR) Simon Hudson / Nick Elwes Tel: 020 7920 3150 |
Notes to Editors:
Borders & Southern Petroleum plc is an oil & gas exploration company listed on the London Stock Exchange AIM (BOR). The Company operates and has a 100% interest in three Production Licences in the South Falkland Basin covering an area of nearly 10,000 square kilometres. The Company has acquired 2,517 square kilometres of 3D seismic and drilled two exploration wells, making a significant gas condensate discovery with its first well.
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