Block Listing Six Monthly Return

RNS Number : 1427X

Jadestone Energy PLC

25 August 2022

 

Block Listing Six Monthly Return

25 August 2022 - Singapore: Jadestone Energy plc ("Jadestone", the "Company" or together with subsidiaries, the "Group"), 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 Jadestone Energy Stock Option Plan, Jadestone Energy Stock Option Plan 2021 and Jadestone Energy Share Option Plan 2022.

Name of applicant:		Jadestone Energy plc
Name of scheme:		Jadestone Energy Stock Option Plan Jadestone Energy Stock Option Plan 2021 Jadestone Energy Share Option Plan 2022
Period of return:	From:	26 February 2022	To:	25 August 2022
Balance of unallotted securities under scheme(s) from previous return:		24,599,376
Plus:   The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):		1,046,690
Less:   Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):		922,062
Equals:   Balance under scheme(s) not yet issued/allotted at end of period:		24,724,004
Number and class of securities originally admitted and the date of admission		25,034,488 Ordinary Shares of £0.001 each, admitted on 26 February 2021 2,852,631 Ordinary Shares of £0.001 each, admitted on 23 March 2021 1,046,690 Ordinary Shares of £0.001 each, admitted on 15 March 2022

Name of contact:	Phil Corbett
Telephone number of contact:	[phone]

For further information, please contact:

Jadestone Energy plc
Paul Blakeley, President and CEO	[phone] (Singapore)
Bert-Jaap Dijkstra, CFO
Phil Corbett, Investor Relations Manager	[phone] (UK)
	[e-mail]
Stifel Nicolaus Europe Limited (Nomad, Joint Broker)	[phone] (UK)
Callum Stewart
Jason Grossman
Ashton Clanfield
Jefferies International Limited (Joint Broker)	[phone] (UK)
Tony White
Will Soutar
Camarco (Public Relations Advisor)	[phone] (UK)
Billy Clegg	[e-mail]
Georgia Edmonds
James Crothers

About Jadestone Energy

Jadestone Energy plc is an independent oil and gas company focused on the Asia-Pacific region.  It has a balanced, low risk, full cycle portfolio of development, production and exploration assets in Australia, Malaysia, Indonesia and Vietnam.

The Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential.  The Company also has interests in four oil producing licences offshore Peninsula Malaysia; two operated and two non-operated positions.  Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest (assuming completion of the Hexindo stake acquisition, as announced in November 2021) in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field.

In addition, the Company has executed a sale and purchase agreement ("SPA") to acquire a 16.67% working interest in the North West Shelf Oil Project, offshore Western Australia, which is expected to complete in the fourth quarter of 2022. The Company has also signed an SPA to acquire a 69% operated working interest in the Maari Project, shallow water offshore New Zealand, and is working with the seller to obtain final New Zealand government approvals.   

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman's business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia-Pacific region.

Jadestone Energy plc is listed on the AIM market of the London Stock Exchange.  The Company is headquartered in Singapore.  For further information on the Company please visit www.jadestone-energy.com .

The information contained within this announcement is not considered to be inside information.

 

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