REG - Reabold Resources - Issue of Equity and Total Voting Rights

Reabold ResourcesAnnouncement

14/05/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260514:nRSN2404Ea&default-theme=true

RNS Number : 2404E  Reabold Resources PLC  14 May 2026

14 May 2026

 

Reabold Resources plc

 

("Reabold" or the "Company")

 

Issue of Equity and Total Voting Rights

 

Reabold, the investing company focused on developing strategic gas projects
for European energy security, provides an update on the deferred subscription
by Sachin Oza, Co-CEO of Reabold, which was announced on 23 April 2026.
Following the completion of the Company's share consolidation on 8 May 2026,
Mr Oza's proposed £75,000 subscription will result in the issue of 75,000 new
Ordinary Shares at a price of £1.00 per share (the "New Ordinary Shares).
The New Ordinary Shares will be issued and admitted to trading on AIM on 15
May 2026."

 

Total Voting Rights

 

Following the issue of the New Ordinary Shares, Sachin Oza, and persons
closely associated with Sachin Oza, will hold a total of 548,720 ordinary
shares of £1.00 each, representing 3.78% of the voting rights in the Company.
The Company's issued share capital will consist of 14,781,486 ordinary shares
of £1.00 each, of which 280,271 shares are held in treasury. Therefore, the
total number of voting rights in the Company will be 14,501,215.

 

This figure 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.

 

Capitalised terms used in this announcement (the "Announcement") have the
meanings given to them in the Posting of Circular and Notice of General
Meeting Announcement, unless the context provides otherwise.

 

 

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

 

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEDGGDUDBBDGLX



            Copyright 2019 Regulatory News Service, all rights reserved