Falkland Islands Holdings plc
("FIH" or the "Company")
Issue of equity
The Company announces the issue and allotment of 64,562 new ordinary FIH shares (the "Shares") following the exercise of options granted under the Falkland Islands Holdings plc Save As You Earn Scheme (the "Scheme"), which matured on 1 August 2010.
Application has been made for the Shares to be admitted to trading on AIM ("Admission") and dealings in the Shares are expected to commence on 6 August 2010. Following Admission the Company will have 9,162,932 ordinary shares of 10 pence each ("Ordinary Shares") in issue.
Under the Scheme Mr David Hudd, Chairman of the Company, and Mr John Foster, Managing Director of the Company, each acquired 3,780 Shares at a price of £2.50 per Share. Following Admission Mr Hudd will own 86,162 Ordinary Shares, representing 0.94% of the Company's issued Ordinary Shares, and Mr Foster will own 13,780 Ordinary Shares, representing 0.15% of the Company's issued Ordinary Shares.
Enquiries:
Falkland Islands Holdings plc |
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David Hudd, Chairman |
Tel: 07771 893 267 |
John Foster, Managing Director |
Tel: 01279 461 630 |
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Altium - NOMAD and Broker |
Tel: 020 7484 4040 |
Tim Richardson / Cameron Duncan |
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Financial Dynamics |
Tel: 020 7831 3113 |
Billy Clegg / Edward Westropp / Georgina Bonham |
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