Falkland Oil and Gas Limited Director/PDMR Shareholding (2865W)
24 December 2013 - 5:00AM
UK Regulatory
TIDMFOGL
RNS Number : 2865W
Falkland Oil and Gas Limited
23 December 2013
23 December 2013
FALKLAND OIL AND GAS LIMITED
('FOGL' or 'the Company')
Director Dealings
FOGL, the oil and gas exploration company with extensive licence
areas offshore the Falkland Islands, announces that following the
completion of the combination with Desire Petroleum plc ("Desire"),
Non-executive Directors, Timothy Jones and David Hudd have received
the following FOGL ordinary shares ("Shares") as a result of their
consideration for their holding in Desire.
Timothy Jones, Non-Executive Director of FOGL, received 10,370
FOGL shares (each at 0.6233 FOGL Consideration Shares for each
Desire Share). Mr Jones's shareholding is now 265,555 Shares which
represents 0.05% of the issued share capital of the Company.
David Hudd, Non-Executive Director of FOGL, received 623 FOGL
Shares (each at 0.6233 FOGL Consideration Shares for each Desire
Share). Mr Hudd's shareholding is now 220,623 Shares which
represents 0.04% of the issued share capital of the Company.
Enquiries:
Falkland Oil and Gas Ltd +44 (0) 207 563 1260
Tim Bushell, Chief Executive
RBC (Nominated Advisor and Joint
Broker) +44 (0) 207 653 4000
Matthew Coakes / Daniel Conti
/ Jeremy Low
Jefferies Hoare Govett (Joint
Broker)
Alex Grant / Chris Zeal / Graham
Hertrich +44 (0) 207 029 8000
FTI Consulting +44 (0) 207 831 3113
Ed Westropp / Natalia Erikssen
This information is provided by RNS
The company news service from the London Stock Exchange
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