Falkland Oil and Gas Limited Director/PDMR Shareholding (2865W)

TIDMFOGL

RNS Number : 2865W

Falkland Oil and Gas Limited

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

END

RDSBRBDDLXDBGXX

Falkland O&G (LSE:FOGL)
Historical Stock Chart
From Jun 2024 to Jul 2024