AIM Rule 26

Last updated on 6 July 2022

Company’s admission document

Please click on the following link to find the company’s admission documents:

Download our AIM Admission Document

Description of business

Orcadian Energy (AIM:ORCA) is a North Sea focused oil and gas development company. The Company’s key asset is the 100% interest in the Pilot oilfield, with proven and probable reserves of 78.8 million barrels (audited by Sproule BV). The Company also has 77.9 million barrels of 2C contingent resources (development on hold) in the Elke, Narwhal and Blakeney discoveries.

The Group’s strategy is to identify discovered resources, preferably well appraised and most likely on the UKCS; to secure access to those resources; and to create a profitable field development plan which attracts finance either from oil industry partners or financial investors.

Orcadian is listed on the Alternative Investment Market (“AIM”) of the London Stock Exchange under the stock symbol ORCA.

Company introduction

Main country of operation

Orcadian Energy plc’s main country of operation is the United Kingdom.

Number of AIM securities

Capital Structure Number of SharesPercentage
Issued share capital72,512,317100%
Shares in issue but not in public hands49,558,32368.3%
Free float22,953,99431.7%

Significant shareholders

Directors and Significant shareholders Number of SharesPercentage
Stephen Brown and his wife, Julia Cane-Honeysett 29,164,683 40.2%
Greg Harding 8,191,680 11.3%
RAB Capital Holdings Ltd and connected parties7,745,00010.7%
Alan Hume4,036,9605.6%
Janus Henderson3,435,0004.7%
Joe Darby 420,000 0.6%

Board of directors

Orcadian Team

Details of key advisers

Please click on the following link to find details of key advisers.


Constitutional documents

The Articles of Association of the Company are available to download below.

Download Articles of Association


Please click on the following link to find the regulatory news feed:


Details of other exchanges

Orcadian Energy plc is quoted on the London Stock Exchange (AIM) with the stock symbol ORCA. The Group does not have any other securities admitted or traded on any other Exchanges or Trading Platforms.

Corporate governance code

Please click on the following link to find the corporate governance code:

Corporate Governance

UK city code on takeovers and mergers

The Company is subject to the UK City Code on Takeovers and Mergers