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REG - Borders & Southern - Holding(s) in Company

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RNS Number : 3663H  Borders & Southern Petroleum plc  08 October 2024

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                                                                                    Borders and Southern Petroleum PLC
 which voting rights are attached:
 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)

(total of 8.B 1 + 8.B 2)
 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                                      11.1%

 applicable)

 

 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                                  Number of voting rights                                              % of voting rights

shares

 ISIN code (if possible)
                                                Direct                  Indirect                                     Direct                                           Indirect

                                                (DTR5.1)                 (DTR5.2.1)                                  (DTR5.1)                                         (DTR5.2.1)
 GB00B08F4599                                   100,983,333             0                                            100,983,333                                      0

 SUBTOTAL 8. A                                  100,983,333

 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        % of voting rights

date
Conversion Period

                                                                                             exercised/converted.
 NA

                                                            SUBTOTAL 8. B 1                  0

 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument  Expiration                   Exercise/               Physical or cash                                         Number of voting rights  % of voting rights

date
Conversion Period

                                                                                    Settlement
 NA

                                                                                    SUBTOTAL 8.B.2                                           0

 

 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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                         than the notifiable threshold
 Alan Douglas Brimacombe     12.15                                                                                                                                                   12.15

 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

 11. Additional information

 

 Place of completion  Calgary, Alberta, Canada
 Date of completion   October 08, 2024

 

For further information please visit www.bordersandsouthern.com
(http://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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