The information below is supplied for the purposes of complying with AIM Rule 26 and was last updated on 18 May 2012.
Registered office
75 St Stephen’s Green
Dublin 2
Ireland
T:+353 1 421 8300
F:+353 1 421 8301
info@petroceltic.ie
www.petroceltic.com
Company No. 101176
Country of incorporation and main country of operation
The Company is incorporated in Ireland (Registered number 101176) and the main country of operation of the Company and its subsidiaries is Algeria. The rights of shareholders in an Irish incorporated company are similar to, but not identical to, those of an English incorporated company.
Board of Directors
Rob Arnott, Non-Executive Chairman
Brian O’Cathain, Chief Executive
Alan McGettigan, Group Finance Director
Tom Hickey, Corporate Development Director
Andrew Bostock, Senior Non-Executive Director
Con Casey, Non-Executive Director
Hugh McCutcheon, Non-Executive Director
Company Secretary
Peter Dunne
Remuneration Committee
Rob Arnott, Non-Executive Chairman
Con Casey, Non-Executive Director
Andrew Bostock, Senior Non-Executive Director
This committee is comprised of three Non-Executive Directors. The Committee determines the contract terms, remuneration and other benefits of the Executive Directors and Non-Executive Directors and Chairman.
The group's policy on senior executive remuneration is designed to attract and retain individuals of the highest calibre who can bring their experience and independent views to the policy, strategic decisions and governance of the group. In setting remuneration levels, the Remuneration Committee takes into consideration the remuneration practices of other companies of similar size and scope. A key philosophy is that staff must be properly rewarded and motivated to perform in the best interests of the shareholders.
Audit Committee
Rob Arnott, Non-Executive Chairman
Con Casey, Non-Executive Director
Andrew Bostock, Senior Non-Executive Director
This Committee is comprised of three Non-Executive Directors. The external auditors have the opportunity to meet with the members of the Audit Committee without executive management present at least once a year. The duties of the Committee include the review of the accounting principles, policies and practices adopted in preparing the financial statements, external compliance matters and the review of the group's financial results.
Constitutional documents
Memorandum and articles of association
Listing and shares information
Petroceltic is quoted on the London Stock Exchange (AIM) and on the Enterprise Securities Market (ESM) of the Irish Stock Exchange. (Stock ticker: PCI)
Significant shareholders:
| Significant Shareholders |
No of Shares |
% Issued |
| Scottish Widows |
142,399,644 |
6.01% |
| JP Morgan |
141,226,816 |
5.96% |
| Blackrock Investment Management |
68,801,456 |
2.90% |
The above parties had interests of greater than 3% of the issued share capital of the Company as at 10 February 2012:
The total number of shares in issue and significant shareholders (in so far the Company is aware) are as follows:
Number of shares in issue: 2,369,605,049
Number of warrants outstanding: 9,331,683
Number of share options outstanding: 175,803,380
Percentage of shares held by Directors of the Company: 0.72%
Free float percentage: 99.28%
There are no restrictions on the transfer of the AIM securities.
Financial Information
Please click here to access the Company's latest Annual Report.
Company Notifications
Please click here to view all press releases made in the past 12 months by the Company
Please click here to view all the regulatory announcements in the past 12 months by the Company
Stockbrokers
Ireland: J&E Davy, Davy House, 49 Dawson Street, Dublin 2
UK: Mirabaud Securities Ltd, 33 Grosvenor Place, London, SW1X 7HY
UK: Bank of America Merrill Lynch, 2 King Edward Street, London, EC1A 1HQ
Nominated Adviser and ESM Adviser
J&E Davy, Davy House, 49 Dawson Street, Dublin 2
Auditors
KPMG, 1 Stokes Place, St. Stephen's Green, Dublin 2
Solicitors
McCann Fitzgerald, One Sir John Rogerson’s Quay, Dublin 2
Registrar and transfer office
Computershare Investor Services (Ireland) Ltd, Heron House,
Corrig Road, Sandyford Industrial Estate, Dublin 18
Bankers
Bank of Ireland, Global Markets, Colvill House, Talbot Street, Dublin 1
Public affairs
Ireland: Murray Consultants, Latin Hall, Golden Lane, Dublin 8
UK: Pelham Bell Pottinger,12 Arthur Street, London, EC4R 9AB