Description of the business (updated 21/11/2018)
Please click on the link below for a description of the business.
Description of the business
The names of the directors and biographical details (updated 30/01/2019)
Please click on the link below for the names of the directors and brief biographical details of each.
Incorporation and registration details
The Company is incorporated in England and Wales no 04622251 with its registered office at 30 Crown Place, London, EC2A 4ES.
Main Country of Operation
The Company is headquartered in the United Kingdom and operates mainly in the United Kingdom and Norway.
Faroe Petroleum is subject to the rules of the UK City Code on Takeovers and Mergers.
Corporate governance and the UK Corporate Governance Code (updated 24/09/2018)
The directors of Faroe Petroleum support high standards of corporate governance and comply with the UK Corporate Governance Code 2016 (the “Code”) in so far as it applies to smaller companies*. In its annual report dated 31 December 2017, the Company confirmed its compliance with the Code. More detailed disclosure is available on pages 47-49 of the Company’s 2017 Annual Report
* A smaller company is one that is below the FTSE 350 throughout the year immediately prior to the reporting year
Current constitutional documents (updated 28/06/16)
The Company’s constitutional documents are represented by its Articles of Association.
2016 Articles of Association of Faroe Petroleum
Details of any other exchanges or trading platforms (updated 17/01/2018)
The Company is not listed on any other exchanges or trading platforms.
On 21 November 2017 the Company issued a $100 million senior unsecured bond in the Nordic bond market, with a coupon of 8% and a tenor of five years with final maturity on 28 April 2023. The bonds (ISIN NO001 0811268) were listed on the Nordic ABM on 17 January 2018.
Number of securities in issue (updated 29/01/2019)
Please click on the link below for details of the number of securities in issue, the number of securities held as treasury shares and insofar as the Company is aware, the percentage of securities that is not in public hands (i.e. owned by directors or strategic/non-financial investors) together with the identity and percentage holdings of significant shareholders.
Notices of shareholder meetings (updated 26/06/2018)
Please click on the link below for copies of all notice of shareholder meetings since February 2007.
Notice of shareholder meetings
Details of any restrictions on the transfer of securities (updated 03/01/12)
There are no restrictions on the transfer of securities.
Financial information (updated 30/04/18)
Please click on the link below for access to the Company’s latest Annual Report.
Company announcements (updated 28/01/2019)
Please click on the link below to access notifications made by the Company in the past 12 months.
Admission document and circulars (updated 13/06/2018)
Rights Issue Prospectus 2010
Open Offer circular
Open Offer and Notice of General Meeting
Disclosure document (updated 15/07/2016)
Advisers (updated 06/12/2017)
Please click on the link for details of the Company’s Nominated Adviser and other key advisers.