History of the Falkland Islands Union condemned Britain's "act of international piracy" in establishing a colony in the Falkland Islands. Diplomatic relations between Britain and Argentina were broken but resumed in 1976. In October 1975, the British Government tasked Lord Shackleton (son of the Antarctic explorer Sir Ernest Shackleton) with an economic survey of the Falkland Islands. The Argentine Government reacted furiously and refused permission for Lord Shackleton to travel via Argentina. Later the ship transporting Shackleton to the islands, the RRS "Shackleton", was fired upon by the Argentine destroyer ARA "Almirante Storni". In 1976, after a military "junta" took control of the country, Argentina
Falkland Islands Company out. 1991 FIC's agricultural land holdings, 4 farms consisting of 25% of the land of the Falkland Islands sold to the Falkland Islands Government following the Shackleton report. 1997 Anglo United which has an unsustainable amount of debt undergoes a capital reconstruction and distributes shares in Falkland Islands Holdings plc to its shareholders. For every 300 Anglo United shares shareholders receive 1 share in Falkland Islands Holdings. At this point the Falkland Islands Company became a full subsidiary of Falkland Islands Holdings, name changed to FIH Group plc in September 2016. Falkland Islands Company The Falkland Islands Company Ltd. (FIC)