Equity issue to employees

11 Apr 2006 17:39

Falkland Islands Holdings PLC11 April 2006 Falkland Islands Holdings Plc Employee Share Scheme matures New shares issued For immediate release 11 April 2006 Falkland Islands Holdings Plc ("FIH") announces that its Save As You Earn("SAYE") share incentive scheme matured on 31 March 2006, giving participatingemployees the choice of receiving cash saved or applying the cash to exerciseshare options and receiving new FIH shares. Elections have now been received from all participants in the scheme and 81,972new FIH shares have been issued. The subscriptions were exercised at 175p per FIH share. The new FIH shares referred to above include 5,400 FIH shares issued to DavidHudd, the chairman of FIH, which were announced on 5 April 2006. Following the issue of 81,972 new FIH shares, there are 8,461,452 FIH shares inissue. Application has been made to London Stock Exchange Plc for the admission of thenew FIH shares to trading on AIM. Enquiries: Falkland Islands Holdings PlcJohn Foster, Managing Director Tel: 01279 461 630 Dawnay, Day Corporate Finance LtdDavid Floyd Tel: 020 7509 4570 This information is provided by RNS The company news service from the London Stock Exchange