REG - Reabold Resources - Change of Admission Date

Reabold ResourcesAnnouncement

12/06/2023 13:45

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RNS Number : 4358C  Reabold Resources PLC  12 June 2023

12 June 2023

Reabold Resources plc

("Reabold" or the "Company")

Change of Admission Date

Reabold Resources plc announces, that the admission of the 810,810,811
Consideration Shares to trading on AIM is now expected to occur at 8.00 a.m.
on or around 23 June 2023 ("Admission").

Total voting rights

Given that the Company's ongoing share buyback programme, which commenced on
28 April 2023, is periodically reducing the total number of voting rights in
Reabold, a further announcement will be made on or around the date of
Admission to confirm the total number of voting rights in accordance with the
FCA's Disclosure Guidance and Transparency Rules.

As noted in the Company's latest Transaction in Own Shares announcement, dated
12 June 2023, the Company has 9,128,575,292 Ordinary Shares in issue, and
48,812,617 Ordinary Shares held in Treasury. The figure of 9,128,575,292 may
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.

Unless otherwise defined, capitalised terms used in this announcement have the
same meanings as ascribed to them in the Company's announcement of 12 June
2023 entitled "Further Investment in LNEnergy".

For further information, contact:

 

 Reabold Resources plc                                      c/o Camarco

 Sachin Oza                                                 +44 (0) 20 3757 4980

 Stephen Williams

 Strand Hanson Limited - Nominated & Financial Adviser      +44 (0) 20 7409 3494

 James Spinney

 James Dance

 Rob Patrick

 Stifel Nicolaus Europe Limited - Joint Broker              +44 (0) 20 7710 7600

 Callum Stewart

 Simon Mensley

 Ashton Clanfield

 finnCap Ltd - Joint Broker                                 +44 (0) 20 7220 0500

 Christopher Raggett

 Barney Hayward

 Camarco                                                    +44 (0) 20 3757 4980

 Billy Clegg

 Rebecca Waterworth

 

Notes to Editors

 

Reabold Resources plc has a diversified portfolio of exploration, appraisal
and development oil & gas projects. Reabold's strategy is to invest in
low-risk, near-term projects which it considers to have significant valuation
uplift potential, with a clear monetisation plan, where receipt of such
proceeds will be returned to shareholders and re-invested into further growth
projects. This strategy is illustrated by the recent sale of the undeveloped
Victory gas field to Shell, the proceeds of which are being returned to
shareholders and re-invested.

 

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