REG - Jadestone Energy PLC - Vesting of Share Awards and PDMR Disclosure

Jadestone EnergyAnnouncement

03/03/2026 07:00

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RNS Number : 1002V  Jadestone Energy PLC  03 March 2026

Vesting of Share Awards and PDMR Disclosure

 

3 March 2026 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company" and
together with its subsidiaries, "Jadestone" or the "Group"), an independent
upstream production and development company focused on the Asia-Pacific
region, announces that a total of 1,336,552 restricted share awards ("RS
Awards"), granted by the Company under its Long-Term Incentive Plan on 20
November 2025, vested on 1 March 2026.

 

Under the RS Awards, Andrew Fairclough, Executive Director and Chief Financial
Officer of Jadestone, was issued 98,479 ordinary shares of £0.001 each in the
capital of the Company on 1 March 2026. Following the share issuance, Mr.
Fairclough holds a total of 0.03% of the Company's issued share capital.

 

Andrew Fairclough, Executive Director and Chief Financial Officer, is a person
discharging managerial responsibilities. The FCA notification, made in
accordance with the requirements of the UK Market Abuse Regulation, is
appended below and gives further details on the transaction.

 

An application has been made to the London Stock Exchange for the RS Awards to
be admitted to trading on AIM. It is expected that admission will become
effective, and that dealings will commence, at 8.00 a.m. GMT on 9 March 2026.

 

Total Voting Rights

 

Following the vesting of the RS Awards and admission of the ordinary shares
referenced above, the Company will have 543,499,267 Ordinary Shares (excluding
treasure shares) of £0.001 par value each in issue, and no Ordinary Shares in
treasury. Therefore, the total voting rights in the Company will be
543,499,267.

 

This figure should be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS

 

 

  1.                 Details of the person discharging managerial responsibilities/person closely
                     associated
 a)                  Name:                                                         Andrew Fairclough

 2.                  Reason for the notification
 a)                  Position/status:                                              Executive Director and Chief Financial Officer

 b)                  Initial notification/Amendment:                               Initial Notification
 3.                  Details of the issuer, emission allowance market participant, auction
                     platform, auctioneer or auction monitor
 a)                  Name                                                          Jadestone Energy Plc

 b)                  LEI:                                                          21380076GWJ8XDYKVQ37

 4.                  Details of the transaction(s): section to be repeated for (i) each type of
                     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
                     place where transactions have been conducted
 a)                  Description of the financial instrument, type of instrument:  Ordinary shares of £0.001 each in the share capital of Jadestone Energy plc

                     Identification code:                                          ISIN: GB00BLR71299

 b)                  Nature of the transaction:                                    Vesting of restricted shares award
 c)                  Price(s) and volume(s):

Price  Volume
                                                                                   Nil    98,479 shares

 

 d)                  Aggregated information:

                     · Aggregated volume:                                          98,479 ordinary shares

                     · Price:                                                      Nil

 e)                  Date of the transaction:                                      1 March 2026

 f)                  Place of the transaction:                                     XOFF

 

 

d)

Aggregated information:

· Aggregated volume:

· Price:

 

98,479 ordinary shares

Nil

 

e)

Date of the transaction:

1 March 2026

 

 

f)

Place of the transaction:

XOFF

 

 

 

 

-ends-

 

For further information, please contact:

 

 

 Jadestone Energy plc
 Phil Corbett, Head of Investor Relations              +44 (0) 7713 687467 (UK)
                                                       ir@jadestone-energy.com (mailto:ir@jadestone-energy.com)

 Stifel Nicolaus Europe Limited (Nomad, Joint Broker)  +44 (0) 20 7710 7600 (UK)
 Callum Stewart
 Jason Grossman
 Ashton Clanfield

 Berenberg (Joint Broker)                              +44 (0) 20 3757 4980 (UK)
 Ciaran Walsh
 Dan Gee-Summons
 Ryan Mahnke

 Camarco (Public Relations Advisor)                    +44 (0) 203 757 4980 (UK)
 Billy Clegg                                           jse@camarco.co.uk (mailto:jse@camarco.co.uk)
 Georgia Edmonds
 Poppy Hawkins

 

About Jadestone Energy

 

Jadestone Energy plc is an independent upstream company focused on the
Asia-Pacific region. It has a balanced and increasingly diversified portfolio
of production and development assets in Australia, Malaysia, Indonesia and
Vietnam, all stable jurisdictions with a positive upstream investment climate.

 

The Company is pursuing a strategy to grow and diversify the Company's
production base both organically, through developments such as Nam Du/U Minh
in Vietnam and the Puteri Cluster offshore Malaysia, as well as through
acquisitions that fit within Jadestone's financial framework and play to the
Company's strengths in regional upstream development and operations and
managing maturing oil assets. Jadestone delivers value in its acquisition
strategy by enhancing returns through operating efficiencies, cost reductions
and increased production through further investment.

 

Jadestone is a responsible operator and well positioned for the energy
transition through its increasing gas production, by maximising recovery from
existing brownfield developments and through its Net Zero pledge on Scope 1
& 2 GHG emissions from operated assets by 2040. This strategy is aligned
with the IEA Net Zero by 2050 scenario, which stresses the necessity of
continued investment in existing upstream assets to avoid an energy crisis and
meet demand for oil and gas through the energy transition.

 

Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market
of the London Stock Exchange (AIM: JSE).  The Company is headquartered in
Singapore.  For further information on the Company please visit
www.jadestone-energy.com (http://www.jadestone-energy.com) .

 

The information contained within this announcement is considered to be inside
information prior to its release, as defined in Article 7 of the Market Abuse
Regulation No. 596/2014 which is part of UK law by virtue of the European
Union (Withdrawal) Act 2018.

 

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