REG - Reabold Resources - Share Consolidation Effective

Reabold ResourcesAnnouncement

Thu 14:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260507:nRSG4784Da&default-theme=true

RNS Number : 4784D  Reabold Resources PLC  07 May 2026

 

7 May 2026

Reabold Resources plc

 

("Reabold" or the "Company")

 

Share Consolidation Effective and Total Voting Rights

 

Reabold Resources plc, the investing company focussed on developing strategic
gas projects for European energy security, is pleased to announce that,
following shareholder approval at the General Meeting held on 27 April 2026,
the proposed Share Consolidation will become effective on 8 May 2026 (the
"Effective Date").

 

The Share Consolidation will be implemented on the basis of 1 new Ordinary
Share for every 1,000 existing Ordinary Shares. To facilitate the Share
Consolidation, 793 additional existing Ordinary Shares will be issued to the
Company's Registrar immediately prior to the Consolidation to ensure that the
total number of Ordinary Shares in issue as at the Record Date was divisible
by the consolidation ratio.

 

Admission of the Company's new Ordinary Shares to trading on AIM is expected
to take place at 8:00 a.m. on the Effective Date.

 

The ISIN for the new Ordinary Shares is GB00BVK55Z16.

 

Total Voting Rights

 

As a result of the Share Consolidation, the Company's issued share capital as
at 8:00 a.m. on 8 May 2026 consists of 14,706,486 ordinary shares of £1.00
each. Of these, 280,271 shares are held in treasury.

 

Therefore, the total number of voting rights in the Company is 14,426,215.
This figure may be used by shareholders and others with notification
obligations as their denominator for the purposes of calculating whether they
are required to notify their interest in, or any change to their interest in,
the share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

 

For further information, contact:

 

 Reabold Resources plc                                     c/o Camarco

 Sachin Oza                                                +44 (0) 20 3757 4980

 Stephen Williams

 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

 

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 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  MSCBXGDUGSGDGLR



            Copyright 2019 Regulatory News Service, all rights reserved