28th Feb 2008 15:49
Falkland Islands Holdings PLC28 February 2008 Falkland Islands Holdings PLC Statement re share price movement 28 February 2008 Falkland Islands Holdings PLC ("FIH") notes the increase in its share pricewhich may be attributable to the announcement by Desire Petroleum PLC of afarm-in agreement and drilling of exploration wells in the North Falkland basin. FIH announces that the potential acquisition of a UK based company, which wouldbe partly financed by the issue of new FIH shares, is at an advanced stage ofnegotiation. A further announcement will be made in due course. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Fih GroupDES.L