Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Faroe Petroleum plc    FPM   GB0033032904

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Faroe Petroleum plc : - Director/PDMR Shareholding

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/05/2013 | 07:30am CET

?

03 January 2013

Faroe Petroleum plc

("Faroe Petroleum" or the "Company")

Notification of Directors' Interests and conditional award of shares

Graham Stewart (Chief Executive), Iain Lanaghan (Finance Director) and Helge Hammer (Chief Operating Officer), have notified the Company that on 3 January 2013 they acquired the following ordinary shares of 10p each in the Company ('Partnership Shares') and have been awarded the following conditional shares ('Matching Shares') under the Faroe Petroleum Share Investment Plan (the "SIP") at a price of £1.365 each:


Partnership Shares (no.)

Purchase price   

Matching Shares (no.)

Purchase price  

Graham Stewart

272

£1.365

544

£1.365

Iain Lanaghan

272

£1.365

544

£1.365

Helge Hammer

275

£1.365

550

£1.365






The SIP is open to all employees on the same terms where, for every share purchased by an employee the Company will match it with two matching shares.  The matching shares are released at the end of a three year holding period (subject to the SIP rules) and the maximum amount that may be invested in Partnership Shares in any tax year is £1,500 per employee. Graham Stewart, Iain Lanaghan and Helge Hammer have committed to invest the maximum of £375/quarter (noting that Mr Hammer, being resident in Norway, has committed to the SIP in Norwegian Krona and as such the Sterling investment varies slightly from quarter to quarter).

At present market purchase shares are being used to satisfy the matching shares.

Following this transaction Graham Stewart, Iain Lanaghan and Helge Hammer hold the following ordinary shares of 10 pence each in the Company, together with options over the same (including  matching shares) exercisable at various prices up to 186.25 pence, as follows:

Name

No of Ordinary Shares

of 10p each

No. of options over

ordinary shares of 10p each




Graham Stewart

279,312

6,532,482

Iain Lanaghan

115,316

2,501,730

Helge Hammer

185,518

3,415,865

Graham Stewart also holds an option to acquire 84,547 ordinary shares under a Long Term Incentive Plan exercisable at the nominal price of 10 pence per share.

- Ends -

For further information please contact:

Faroe Petroleum plc

Graham Stewart

Tel: +44 1224 650 920

Panmure Gordon (UK) Limited

Katherine Roe/Callum Stewart

Tel: + 4420 7886 2500

Oriel Securities Limited

Michael Shaw/ Ashton Clanfield

Tel: +44 20 7710 7600

FTI Consulting

Billy Clegg/Edward Westropp

Tel: +44 20 7831 3113


This information is provided by RNS
The company news service from the London Stock Exchange

RNS news service provided by Hemscott Group Limited.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FAROE PETROLEUM PLC
01:55p FAROE PETROLEUM : 06/12/2016 Completion of acquisition of Norwegian production a..
01:35p FAROE PETROLEUM : Completion of acquisition of production assets
11/30 FAROE PETROLEUM : And Partners Submit Plans For Oda Field In Norway
11/06 FAROE PETROLEUM : Njord Facilities Selected as Preferred Concept for Pil & Bue D..
11/04 FAROE PETROLEUM : And Partners To Connect Pil & Bue To Njord Production Faciliti..
10/19 FAROE PETROLEUM : Production Rises Ahead Of Spending Rise Next Year
10/19 FAROE PETROLEUM : 19/10/2016 Sell-side analyst site visit to Norway Download pdf..
10/17 FAROE PETROLEUM : Says Oil And Gas Discovered At Njord North Well
10/17 FAROE PETROLEUM : Njord North Flank Oil and Gas Discovery
10/17 FAROE PETROLEUM : 17/10/2016 Oil and Gas Discovery at the Njord North Flank Expl..
More news
Sector news : Oil & Gas Exploration and Production - NEC
12/05DJBHP Billiton, Cnooc, Total, Others Take Blocks in Mexico Offshore Auction--2n..
12/05 CHESAPEAKE ENERGY : to sell Haynesville asset for $450 million to Indigo Mineral..
12/05DJBHP Billiton Wins Trion Oil Field Bid
12/03 Grades narrow slightly on second day of new trade cycle
12/02DJUnited Continental to Pay $2.4 Million SEC Fine In Relation to S.C. Flight
More sector news : Oil & Gas Exploration and Production - NEC
Advertisement
Financials ( GBP)
Sales 2016 93,1 M
EBIT 2016 -38,4 M
Net income 2016 -16,1 M
Finance 2016 33,1 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 15,08
EV / Sales 2016 2,89x
EV / Sales 2017 1,30x
Capitalization 303 M
More Financials
Chart FAROE PETROLEUM PLC
Duration : Period :
Faroe Petroleum plc Technical Analysis Chart | FPM | GB0033032904 | 4-Traders
Full-screen chart
Technical analysis trends FAROE PETROLEUM PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 1,07  GBP
Spread / Average Target 29%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Graham Duncan Stewart Chief Executive Officer & Executive Director
John William Sharp Bentley Non-Executive Chairman
Helge A. Hammer Chief Operating Officer & Executive Director
Jonathan Robert Cooper CFO, Director & Head-Investor Relations
John Wood Manager-Technical & Asset
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FAROE PETROLEUM PLC48.39%386
CONOCOPHILLIPS3.06%60 564
EOG RESOURCES INC47.56%60 217
CNOOC LTD25.18%58 453
OCCIDENTAL PETROLEUM C..4.98%54 242
ANADARKO PETROLEUM COR..40.57%38 167
More Results