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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 : 3127O
Faroe Petroleum PLC
16 May 2018
16 May 2018
Faroe Petroleum plc
("Faroe Petroleum" or the "Company")
Issue of Equity and Total Voting Rights
Faroe Petroleum has applied to the London Stock Exchange for 278,023 new ordinary shares of 10p each in the share capital of the Company (the "New Ordinary Shares") to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 17 May 2018.
The issue of the New Ordinary Shares follows the exercise of nil cost options by three employees of the Company on 9(th) May 2018 under the Faroe Petroleum Incentive Plan and the Faroe Co-Incentive Plan.
The New Ordinary Shares will rank pari passu in all respects with the existing issued ordinary shares of 10p each in the share capital of the Company ('Ordinary Shares'). Following Admission, the Company's issued share capital will be 366,984,361 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury and therefore the total number of voting rights in the Company will be 366,984,361.
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 650 920 Cooper Stifel Nicolaus Europe Limited Callum Stewart / Nicholas Tel: +44 20 7710 7600 Rhodes / Ashton Clanfield BMO Capital Markets Neil Haycock / Tom Rider / Tel: +44 20 7236 1010 Jeremy Low FTI Consulting Edward Westropp / Emerson Tel: +44 20 3727 1000 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
TVRGGUWPAUPRGWQ
(END) Dow Jones Newswires
May 16, 2018 09:26 ET (13:26 GMT)
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