Faroe instructs shareholders on next steps for DNO’s final offer

The Board of Faroe has made the following statement further to the announcement by DNO ASA on Jan. 8, 2019 that it has increased its unsolicited offer to 160p per share and made its offer final, and the announcement by DNO that following further purchases of Faroe shares, DNO owns or has received acceptances for a total of 195,526,068 Faroe shares, representing approximately 52.44% of the ordinary issued share capital of Faroe. More »