Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

Faroe Petroleum (FPM) Ordinary 10p Shares

Sell:160.00p Buy:160.20p 0 Change: No change
Market closed Prices as at close on 18 January 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Faroe Petroleum Ordinary 10p Shares

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline 22 Jan 2019
Details (last updated 10 Jan 2019)

What is happening?

 

We previously wrote to you about the terms of a Cash Offer to be made by DNO ASA for the entire issued Share Capital of Faroe Petroleum plc. The Offer acceptance period has now been extended and the amount offered has been increased to 160p as a holder of Faroe Petroleum plc Shares in your Hargreaves Lansdown Account you need to decide whether you wish to accept the Offer or not.

 

Faroe Petroleum plc (Faroe) has previously rejected the Offer by DNO and still believes the amount offered undervalues Faroe. However, as DNO will soon acquire statutory control of Faroe and has announced its intention to delist Faroe if it receives over 75% acceptances of its Offer, the Board of Faroe now recommends that Shareholders accept the Offer from DNO.

 

What are my choices?

 

Option 1 - You can accept the Offer. Under the terms of this Offer Faroe Petroleum plc Shareholders have been offered 160p in cash for each Share held.


Option 2 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

When do I have to decide by?

 

Any acceptance must be received in this office by noon on Tuesday 22 January 2019.


Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:160.00p
Buy:160.20p
Change: No change
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 18 January 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Faroe Petroleum Ordinary 10p Shares

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline 22 Jan 2019
Details (last updated 10 Jan 2019)

What is happening?

 

We previously wrote to you about the terms of a Cash Offer to be made by DNO ASA for the entire issued Share Capital of Faroe Petroleum plc. The Offer acceptance period has now been extended and the amount offered has been increased to 160p as a holder of Faroe Petroleum plc Shares in your Hargreaves Lansdown Account you need to decide whether you wish to accept the Offer or not.

 

Faroe Petroleum plc (Faroe) has previously rejected the Offer by DNO and still believes the amount offered undervalues Faroe. However, as DNO will soon acquire statutory control of Faroe and has announced its intention to delist Faroe if it receives over 75% acceptances of its Offer, the Board of Faroe now recommends that Shareholders accept the Offer from DNO.

 

What are my choices?

 

Option 1 - You can accept the Offer. Under the terms of this Offer Faroe Petroleum plc Shareholders have been offered 160p in cash for each Share held.


Option 2 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

When do I have to decide by?

 

Any acceptance must be received in this office by noon on Tuesday 22 January 2019.


Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:160.00p
Buy:160.20p
Change: No change
Market closed Prices as at close on 18 January 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Faroe Petroleum Ordinary 10p Shares

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline 22 Jan 2019
Details (last updated 10 Jan 2019)

What is happening?

 

We previously wrote to you about the terms of a Cash Offer to be made by DNO ASA for the entire issued Share Capital of Faroe Petroleum plc. The Offer acceptance period has now been extended and the amount offered has been increased to 160p as a holder of Faroe Petroleum plc Shares in your Hargreaves Lansdown Account you need to decide whether you wish to accept the Offer or not.

 

Faroe Petroleum plc (Faroe) has previously rejected the Offer by DNO and still believes the amount offered undervalues Faroe. However, as DNO will soon acquire statutory control of Faroe and has announced its intention to delist Faroe if it receives over 75% acceptances of its Offer, the Board of Faroe now recommends that Shareholders accept the Offer from DNO.

 

What are my choices?

 

Option 1 - You can accept the Offer. Under the terms of this Offer Faroe Petroleum plc Shareholders have been offered 160p in cash for each Share held.


Option 2 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

When do I have to decide by?

 

Any acceptance must be received in this office by noon on Tuesday 22 January 2019.


Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
160.20p
Trade high:
160.40p
Year high:
177.20p
Market capitalisation
Market cap.
:
£633.51 million
Previous close:
160.00p
Trade low:
160.00p
Year low:
91.10p
P/E ratio:
n/a
Previous:
1.00p (0.62%)
Previous:
1.00p
Volume:
1,326,413
Dividend yield:
n/a
EMS:
15,000
Data delayed by at least 15 minutes.

Performance

Not available for this stock.

Dividend information for this stock is not available.

Dividend information for this stock is not available.

Open an easy to manage, low cost dealing account in less than 5 minutes

Deal shares from just £11.95 per trade online, and as low as £5.95 per trade for active traders.

More about the Fund and Share Account

Important Documents

There are no documents available for this stock.

Broker forecasts

Breakdown
Consensus
Today
Forecast today
Forecast 3 months ago
3 months ago
Broker forecast thermometer
Consensus
Today
Forecast today
Forecast 3 months ago
3 months ago
Broker forecast thermometer
  • Strong Sell
    (0 of 4)
  • Sell
    (0 of 4)
  • Neutral
    (2 of 4)
  • Buy
    (0 of 4)
  • Strong Buy
    (2 of 4)

This is not a recommendation, it represents the consensus view of a basket of brokers. If fewer than 5 brokers it may not be a valid consensus. HL might not concur and takes no responsibility.

Full broker forecasts
Time / date Time Buy / sell Type Volume Price Value
×

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. 'Broker forecast' and 'Recent trades' provided by MoneyAM. News and fundamental data provided by Digital Look.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.