Rockhopper will issue Falkland investors 0.2993 of its stock for each of their shares, the Salisbury, England-based company said Tuesday in a statement. That’s an 11 percent premium to Falkland’s closing share price on Monday, it said.  “This transaction enhances Rockhopper’s position in the Falkland Islands, with the largest regional acreage position and most discovered resources, coupled with a strong balance sheet,” Rockhopper Chairman Pierre Jungels said. “By combining Rockhopper and Falkland Oil & Gas, we shall create a more coherent license ownership structure in the North Falkland Basin.”

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