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Borders & Southern Director Increases Stake with Share Purchase

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Borders & Southern Director Increases Stake with Share Purchase

Confident Investing Starts Here:

The latest announcement is out from Borders & Southern Petroleum ( (GB:BOR) ).

Borders & Southern Petroleum announced that William Hodson, a Non-Executive Director, purchased 122,807 ordinary shares at 6.7p each, increasing his total interest to 1 million shares, or 0.11% of the company’s total issued shares. This transaction reflects a vote of confidence in the company’s prospects, potentially impacting investor sentiment and the company’s market perception.

More about Borders & Southern Petroleum

Borders & Southern Petroleum plc is a London-based independent oil and gas exploration company. It operates in the South Falkland Basin, holding a 100% interest in three Production Licences covering nearly 10,000 square kilometres. The company has conducted significant exploration activities, including acquiring 2,517 square kilometres of 3D seismic data and drilling two exploration wells, resulting in a notable gas condensate discovery.

Average Trading Volume: 1,675,144

Technical Sentiment Signal: Buy

Current Market Cap: £59.93M

For detailed information about BOR stock, go to TipRanks’ Stock Analysis page.

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