Director's dealing and Transaction in Own Shares

RNS Number : 8454N

Falkland Islands Holdings PLC

02 February 2016

 

2 February 2016

Falkland Islands Holdings plc

("FIH" or "the Company")

Director's dealing and Transaction in Own Shares  

Falkland Islands Holdings plc (the "Company"), the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics, announces that it has sold 315,886 ordinary shares of 10 pence each in the Company, at a price of 231.95 pence per share, which is the same price paid, per share, by the Company in the recent shareholder reduction, and is 15% more than the closing share price on 1 February 2016 of 201 pence. These shares were previously held by the Company in itself, defined as held "in Treasury".

315,180 shares have been sold to Blackfish Capital Management Limited, who, as a result is beneficially interested in 2,815,180 shares, representing 22.6% of the issued share capital of the Company. 

Edmund Rowland, Chairman of Falkland Islands Holdings plc is also a director of Blackfish Capital Management.

The Company's issued share capital remains unchanged at 12,431,623 shares, which is the figure which should now be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Falkland Islands Holdings plc

Edmund Rowland, Chairman                                            Tel: [phone]

John Foster, Managing Director                                        Tel: [phone]

WH Ireland Ltd. - NOMAD and Broker to FIH

Adrian Hadden / Mark Leonard                                          Tel: [phone]  

FTI Consulting - PR advisor to FIH

Edward Westropp / Eleanor Purdon                                  Tel: [phone]

 

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