REG - Reabold Resources - Appointment of Joint Broker

Reabold ResourcesAnnouncement

25/08/2020 14:45

RNS Number : 1250X
  
Reabold Resources PLC
  
25 August 2020
  
 

 
 
25 August 2020
 
 
Reabold Resources plc
("Reabold" or the "Company")
Appointment of Joint Broker
 
Reabold, the AIM listed investing company which focuses on investments in oil and gas projects, is pleased to announce that, pursuant to the acquisition of Whitman Howard Limited by Panmure Gordon & Co ("Panmure Gordon"), it has appointed Panmure Gordon as its Joint Broker with immediate effect.


ENDS
 
For further information please contact:



Reabold Resources plc
Stephen Williams
Sachin Oza


c/o Camarco
+44 (0) 20 3757 4980




Strand Hanson Limited (Nominated and Financial Adviser)
James Spinney
Rory Murphy
James Dance


+44 (0)20 7409 3494




Stifel Nicolaus Europe Limited - Joint Broker
Callum Stewart 
Simon Mensley
Ashton Clanfield


+44 (0) 20 7710 7600




Panmure Gordon - Joint Broker
Hugh Rich
Nick Lovering


+44 (0) 20 7659 1234
 




Camarco
James Crothers
Ollie Head
Billy Clegg


+44 (0) 20 3757 4980



 
Notes to Editors
Reabold Resources plc is an investing company investing in the exploration and production ("E&P") sector. The Company's investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.
As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.
Reabold's long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company. Reabold aims to gain exposure to assets with limited downside and high potential upside, capitalising on the value created between the entry stage and exit point of its projects. The Company invests in projects that have limited correlation to the oil price.
Reabold has a highly-experienced management team, who possess the necessary background, knowledge and contacts to carry out the Company's strategy.
 

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