Our Investor Relations
Shareholder Analysis
Total Number Of Shares in Issue
124,808,188
Key Information
Country of incorporation: UK
Country of operation: Liberia
Total issued share capital: 124,808,188
Percentage issued share capital not in public hands: 34.58%
Significant Shareholders
As of 31st December 2011 the following were registered as being interested in 3% or more of the Company's ordinary share capital:
| Name | Number of Ordinary Shares | % of Issued Capital |
| Lynchwood Nominees Limited* | 35,850,233 | 28.72% |
| Adelise Services Limited** | 5,628,785 | 4.51% |
| Chase Nominees Limited | 4,425,000 | 3.55% |
| Joseph H Jaoudi | 4,190,000 | 3.36% |
| Chase Nominees Limited | 4,058,966 | 3.25% |
*Of which BioPalm Energy Limited owns 26.71% totalling to 33,333,333 shares
**Adelise Services LImited is a company held by a trust of which Michael Frayne is a beneficiary