Is there any negative impact of placing navigation text inside of a ?

[sellmoreonline]

For my site I have keyword relevant category urls and want to have my navigation also match the keyword for the page.

By default my web platform places all of my navigation anchor text inside of a see the example below.

Does this present any issue? Are there concerns I should be aware of? In the past I've just placed the anchor text not within a span in my navigation.

• Keyword 1

• Keyword 2

• Keyword 3

[Highland]

Google will strip the HTML formatting tags out and index just the links and text. Span tags are purely for formatting so there's no issue.