REG - Reabold Resources - Results of Oversubscribed Placing

Reabold ResourcesAnnouncement

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RNS Number : 2467Z  Reabold Resources PLC  02 April 2026

 

THIS ANNOUNCEMENT, INCLUDING THE APPENDIX AND INFORMATION CONTAINED HEREIN, IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA,
JAPAN, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF
IRELAND OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION
OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN
OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR
OR OTHERWISE ACQUIRE ANY NEW ORDINARY SHARES OF THE COMPANY IN THE UNITED
STATES, CANADA, JAPAN, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA,
THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER WOULD BE
UNLAWFUL.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE
MARKET ABUSE REGULATION EU NO. 596/2014, AS RETAINED AND APPLICABLE IN THE UK
PURSUANT TO SECTION 3 OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR").
UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

2 April 2026

 

Reabold Resources plc

 

("Reabold" or the "Company")

 

Results of Oversubscribed Placing

 

Reabold, the investing company focused on developing strategic gas projects
for European energy security, is pleased to announce that that, further to the
Company's announcement released at 4:41 p.m. on 1 April 2026 (the "Launch
Announcement"), the accelerated bookbuild has closed and the Company has
conditionally raised £1.51 million (before expenses) through the successful
placing of 1,510,000,000 New Ordinary Shares at the Issue Price of 0.1 pence
per New Ordinary Share, pursuant to the Placing.

 

The Company has therefore conditionally raised gross proceeds of £3.41
million through the Placing and the Strategic Investment.

 

Capitalised terms used in this announcement (the "Announcement") have the
meanings given to them in the Launch Announcement, unless the context provides
otherwise.

 

Posting of Circular and Notice of General Meeting

 

The Fundraising is conditional, inter alia, upon Shareholders approving the
Resolutions at the General Meeting which is expected to be held on 24 April
2026. The Circular, which contains the Notice of General Meeting in respect of
the Fundraising, is expected to be posted to Shareholders by 8 April 2026 and,
once published, will be made available on the Company's website at
https://reabold.com/ (https://reabold.com/) .

 

Admission and Total Voting Rights

 

Application will be made for the New Ordinary Shares to be issued pursuant to
the Fundraise to be admitted to trading on AIM, which is expected to take
place at 8.00 a.m. on or around 27 April 2026 (or such later date as the
Company and Cavendish may agree, but in any event not later than 8.00 a.m. on
11 May 2026).

 

Following the issue of the New Ordinary Shares, the Company will have
13,604,413,490 Ordinary Shares in issue, all of which have voting rights. The
figure of 13,604,413,490 Ordinary Shares 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 change their interest in, the
Company.

 

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.

 

 

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