2013 Falkland Islands sovereignty referendum as such, they are British citizens in disputed islands. The current political status of the Falkland Islands is that of an Overseas Territory of the United Kingdom. The Islands are internally self-governing, with the United Kingdom being responsible for defence and foreign affairs. Under Chapter 1 of the Falkland Islands Constitution, the people of the Falkland Islands have the right to self-determination. The referendum was called following Argentina's calls for negotiations over the sovereignty of the Falkland Islands and was undertaken to consult the people regarding their views on the political status of the Falkland Islands. The final wording of
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)