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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Faroe Petrol. | LSE:FPM | London | Ordinary Share | GB0033032904 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 160.40 | 160.00 | 160.40 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMFPM
RNS Number : 8063V
Faroe Petroleum PLC
07 November 2017
7 November 2017
Faroe Petroleum plc
("Faroe Petroleum" or the "Company")
Issue of Equity and Total Voting Rights
On 6 November 2017, an employee of the Company exercised nil-cost options over a total of 33,492 ordinary shares of 10p each in the share capital of the Company ("Ordinary Shares") under the Faroe Petroleum Incentive Plan ("FPIP").
Faroe Petroleum has applied to the London Stock Exchange for 33,492 new Ordinary Shares (the "New Ordinary Shares") to be admitted to trading on AIM ("Admission").
It is expected that Admission will become effective on 10 November 2017. The New Ordinary Shares will, following allotment, rank pari passu in all respects with the existing issued Ordinary Shares.
Following Admission, the Company's issued share capital will be 366,642,990 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of voting rights in the Company will be 366,642,990.
Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
- Ends -
For further information please contact:
Faroe Petroleum plc Graham Stewart / Jonathan Tel: +44 1224 650 Cooper 920 Stifel Nicolaus Europe Tel: +44 20 7710 7600 Limited Callum Stewart / Nicholas Rhodes / Ashton Clanfield BMO Capital Markets Tel: +44 20 7236 1010 Neil Haycock / Tom Rider / Jeremy Low FTI Consulting Tel: +44 20 3727 1000 Edward Westropp / Emerson Clarke
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEUGGAPGUPMGPM
(END) Dow Jones Newswires
November 07, 2017 07:28 ET (12:28 GMT)
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