REG - Reabold Resources - Beacon Acquisition and Commencement of Trading

Reabold ResourcesAnnouncement

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RNS Number : 7625V  Reabold Resources PLC  09 March 2026

9 March 2026

Reabold Resources plc

("Reabold" or the "Company")

 

Beacon Energy Acquisition and Commencement of Trading Update

 

Reabold Resources plc, the investing company focused on developing strategic
gas projects for European energy security, is pleased to note the announcement
made by Beacon Energy PLC ("Beacon") on 6 March 2026 regarding the completion
of its acquisition of a significant interest in LNEnergy Limited ("LNEnergy"),
its associated fundraise, and the re-commencement of trading of its shares on
AIM. The Beacon announcement can be viewed here:

https://www.londonstockexchange.com/news-article/BCE/acquisition-fundraise-trading-recommencement/17491686
(https://www.londonstockexchange.com/news-article/BCE/acquisition-fundraise-trading-recommencement/17491686)

Reabold retains a substantial exposure to the Colle Santo Asset, a material,
development-ready onshore gas field in Italy, through an entitlement to a
significant portion of the project's cash flows, as well as through its
shareholding in Beacon. The completion of this acquisition, as well as the
offtake and financing arrangement LNEnergy Srl has entered into with a leading
Italian based wholesaler and distributer of energy products  represent
significant milestones in unlocking the value of the project which is expected
to deliver substantial economic returns, as outlined in Beacon's announcement.

 

 

For further information, please contact:

 

 Reabold Resources Plc                                     Via our Investor Hub

 Stephen Williams                                          https://reabold.com/ (https://reabold.com/)

 Sachin Oza
 Cavendish - Nominated & Financial Adviser and Broker      +44 (0) 20 7220 0500

 Neil McDonald

 Pearl Kellie
 Camarco                                                   +44 (0) 20 3757 4980

 Billy Clegg

 Rebecca Waterworth

 Sam Morris
 Investor questions on this announcement                   https://reabold.com/link/eY2gYr (https://reabold.com/link/eY2gYr)

 We encourage all investors to share questions

 on this announcement via our investor hub

Subscribe to our news alert service: https://reabold.com/auth/signup
(https://reabold.com/auth/signup)

 

Notes to Editors

Reabold Resources PLC is a UK-based upstream oil and gas investment company
focused on generating returns through investment in low-risk energy projects
with high potential upside. Investment activity is undertaken through
strategic equity stakes in proven undeveloped gas discoveries with significant
resources and near-term production potential, primarily across the UK and
continental Europe. To support its investment strategy, Reabold balances
proceeds from asset sales between shareholder returns and re-investment in new
projects, with a focus on contributing to European energy security while
achieving significant valuation uplift through clear monetisation pathways.

 

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