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FKLMon, 09th Feb 2015 08:46
LONDON (Alliance News) - Falkland Islands Holdings PLC on Monday said Chairman David Hudd has resigned from his role.
Hudd will be replaced by Edmund Rowland, currently its non-executive deputy chairman.
Shares in Falkland Islands were untraded on Monday, having last traded at 271.00 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Falkland Oil & Gas reported a pre-tax loss of $1.3m for the six months ended 30 June, compared to a $0.9m loss in the same period in 2013, but said it was well funded to begin a new drilling programme. The firm, however, said that with over $108m in the bank, it has sufficient funds for its proposed
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