Borders & Southern BOR Holding(s) in Company

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

RNS Number : 5128P
Borders & Southern Petroleum plc
25 October 2012











TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



                                                  
1. Identity of the issuer or the underlying
issuer of existing shares to which voting rights  Borders & Southern Petroleum
are attached:                                     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   ^1 Lansdowne Partners Limited being the
the notification obligation:           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:                                              23/10/12


6. Date on which issuer notified:      

                                                     24/10/12
7. Threshold(s) that is/are crossed or 
reached:
                                                         13%




8. Notified details:
A: Voting rights attached to shares


Class/type of Situation previous      Resulting situation after the triggering
shares        to the triggering       transaction
              transaction
if possible   Number      Number      Number Number of voting   % of voting
using         of          of          of     rights             rights
the ISIN CODE Shares      Voting      shares
                          Rights      Direct Direct Indirect    Direct Indirect
Ordinary
Shares        58,212,441 58,212,441               63,063,235        13.03%
GB00B08F4599



B: Qualifying Financial Instruments
Resulting situation after the triggering transaction


Type of financial Expiration Exercise/  Number of voting      % of voting
instrument        date       Conversion rights that may be    rights
                             Period     acquired if the
                                        instrument is
                                        exercised/ converted.

                                        



C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction


Type of       Exercise   Expiration   Exercise/   Number of    % of voting
financial     price      date         Conversion  voting       rights
instrument                            period      rights
                                                  instrument   
                                                  refers to
                                                               Nominal  Delta

                                                                          



Total (A+B+C)


Number of voting rights Percentage of voting rights
63,063,235             13.03%



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 484,098,404

14. Contact name:             Kamran Salahuddin


15. Contact telephone number: +44 20 7290 5500





                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


HOLEAXESADDAFEF -0- Oct/25/2012 08:05 GMT
 
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