Issue of Equity and Total Voting Rights
5 September 2018 Faroe Petroleum plc ("Faroe Petroleum" or the "Company") Issue of Equity and Total Voting Rights On 30 August 2018, a former employee of the Company exercised nil-cost options over a total of 50,821 ordinary shares of 10p each in the share capital of the Company ("Ordinary Shares") under the Faroe Petroleum Incentive Plan ("FPIP"). Faroe Petroleum has applied to the London Stock Exchange for 50,821 new Ordinary Shares (the "New Ordinary Shares") to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 11