Saint Helena, Ascension and Tristan da Cunha is a British Overseas Territory in the southern Atlantic Ocean consisting of the island of Saint Helena, Ascension Island and the archipelago of Tristan da Cunha. It was known as Saint Helena and Dependencies until 1 September 2009, when a new constitution came into force giving the three islands equal status within the territory.
In 1657 the English East India Company was granted a charter to govern Saint Helena by Oliver Cromwell, and the following year the Company decided to fortify and colonise the island with planters. The first governor, Captain John Dutton, arrived in 1659, and it is from this date that St Helena claims to be Britain’s second oldest (remaining) colony (after Bermuda). A fort was completed and a number of houses were built. After the Restoration of the English monarchy in 1660, the East India Company received a Royal Charter giving it the sole right to fortify and colonise the island. The fort was renamed James Fort and the town Jamestown, in honour of the Duke of York and heir apparent, later King James II of England.
The Kingdom of England became part of the new Kingdom of Great Britain in 1707 and then the United Kingdom in 1801; the British Empire grew into a global great power. The most important and first settled, the island of Saint Helena, had been governed by the East India Company since 1659. It became internationally known as the British government's chosen place of exile of Napoleon Bonaparte, who was detained on the island from October 1815 until his death on 5 May 1821, and it was made a British crown colony in 1834 by the Government of India Act 1833. Unoccupied Ascension Island was garrisoned by the Royal Navy on 22 October 1815, shortly after which the end of the Age of Sail made its difficult location in the equatorial doldrums less important relative to its strategic importance as a centrally positioned naval coaling station. For similar reasons Tristan da Cunha was annexed as a dependency of the Cape Colony (British South Africa) on 14 August 1816, at the settlement of the Napoleonic wars. For a short period just prior, Tristan da Cunha had been inhabited by a private American expedition who named the territory the Islands of Refreshment.
The political union between these colonies began to take shape on 12 September 1922, when by letters patent Ascension Island became a dependency of Saint Helena. Lightly populated Tristan da Cunha, even today little more than an outpost with a population of less than three hundred, followed suit on 12 January 1938. The three island groups shared this constitutional relationship until 1 September 2009, when the dependencies were raised to equal status with St. Helena and the territory changed its name from "Saint Helena and Dependencies" to "Saint Helena, Ascension and Tristan da Cunha".
It has to be noted that the three islands issue separate coinage, even though they are administratively part of the same territory.