REG - Trinity Exploration - Block Listing Return

Trinity Exploration & ProductionAnnouncement

22/01/2024 07:00

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RNS Number : 3451A  Trinity Exploration & Production  22 January 2024

 

22 January 2024

 

Trinity Exploration & Production plc

("Trinity" or "the Group" or "the Company")

 

Block Listing Return

 

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P
company focused on Trinidad and Tobago, today makes the following
notification pursuant to Schedule Six of the AIM Rules for Companies regarding
its existing block admission arrangements in respect of the Trinity
Exploration & Production plc Long Term Incentive Plan.

 

 Name of applicant:                                                                Trinity Exploration & Production plc
 Name of scheme:                                                                   Trinity's Long Term Incentive Plan
 Period of return:                        From:                                    22 July 2023          To:                   21 January 2024
 Balance of unallotted securities under scheme(s) from previous return:            2,093,980 ordinary shares of USD 0.01 each in the Company

 Plus:  The amount by which the block scheme(s) has been increased since the       None
 date of the last return (if any increase has been applied for):

 Less:  Number of securities issued/allotted under scheme(s) during period         None
 (see LR3.5.7G):

 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:        2,093,980 ordinary shares of USD 0.01 each in the Company

 

 Name of contact:              AMBA Secretaries Limited (Company Secretary)
 Telephone number of contact:  44 (0) 20 7487 7300

 

 

Enquiries:

 Trinity Exploration & Production plc            Via Vigo Consulting

 Jeremy Bridglalsingh, Chief Executive Officer

 Julian Kennedy, Chief Financial Officer

 Nick Clayton, Non- Executive Chairman

 SPARK Advisory Partners Limited                 +44 (0)20 3368 3550

 (Nominated Adviser and Financial Adviser)

 Mark Brady

 James Keeshan

 Cavendish Capital Markets Limited (Broker)      +44 (0)20 7397 8900

 Leif Powis                                      +44 (0)131 220 6939

 Derrick Lee

 Neil McDonald

 Vigo Consulting Ltd (IR/PR Adviser)             Email: trinity@vigoconsulting.com (mailto:trinity@vigoconsulting.com)

 Finlay Thomson                                  +44 (0)20 7390 0230

 Patrick d'Ancona

About Trinity (www.trinityexploration.com (http://www.trinityexploration.com)
)

 

Trinity is an independent oil production company focused solely on Trinidad
and Tobago.  Trinity operates producing and development assets both onshore
and offshore, in the shallow water West and East Coasts of Trinidad.
Trinity's portfolio includes current production, significant near-term
production growth opportunities from low-risk developments and multiple
exploration prospects with the potential to deliver meaningful
reserves/resources growth.  The Company operates all of its ten licences and,
across all of the Group's assets, management's estimate of the Group's 2P
reserves as at the end of 2022 was 17.96 mmbbls.  Group 2C contingent
resources are estimated to be 48.88 mmbbls.  The Group's overall 2P plus 2C
volumes are therefore 66.84 mmbbls.

 

Trinity is quoted on AIM, a market operated and regulated by the London Stock
Exchange Plc, under the ticker TRIN.

 

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