Falkland Islands Holdings PLC
30 September 2004
Falkland Islands Holdings PLC
Update Re Falkland Oil & Gas Limited
For immediate release 30 September 2004
The board of Falkland Islands Holdings PLC ('FIH') is pleased to announce that
the proposed admission of Falkland Oil & Gas Limited ('FOGL') to AIM is
proceeding as planned.
FOGL is announcing details of its AIM admission today. The proposed placing
price of 40p per FOGL share values FIH's interest in FOGL at £5.78 million.
FIH's shareholding will represent 18.1% of FOGL's enlarged share capital
following the FOGL offer for subscription if it is fully subscribed.
This information is provided by RNS
The company news service from the London Stock Exchange