Change of Admission Date

Reabold Resources PLC

12 June 2023

 

12 June 2023

Reabold Resources plc

("Reabold" or the "Company")

Change of Admission Date

Reabold Resources plc announces, that the admission of the 810,810,811 Consideration Shares to trading on AIM is now expected to occur at 8.00 a.m. on or around 23 June 2023 ("Admission").

Total voting rights

Given that the Company's ongoing share buyback programme, which commenced on 28 April 2023, is periodically reducing the total number of voting rights in Reabold, a further announcement will be made on or around the date of Admission to confirm the total number of voting rights in accordance with the FCA's Disclosure Guidance and Transparency Rules.

As noted in the Company's latest Transaction in Own Shares announcement, dated 12 June 2023, the Company has 9,128,575,292 Ordinary Shares in issue, and 48,812,617 Ordinary Shares held in Treasury. The figure of 9,128,575,292 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.

Unless otherwise defined, capitalised terms used in this announcement have the same meanings as ascribed to them in the Company's announcement of 12 June 2023 entitled "Further Investment in LNEnergy".

For further information, contact:

Reabold Resources plc Sachin Oza Stephen Williams	c/o Camarco [phone]
Strand Hanson Limited - Nominated & Financial Adviser James Spinney James Dance Rob Patrick Stifel Nicolaus Europe Limited - Joint Broker Callum Stewart Simon Mensley Ashton Clanfield finnCap Ltd - Joint Broker Christopher Raggett Barney Hayward	[phone] [phone] [phone]
Camarco Billy Clegg Rebecca Waterworth	[phone]

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 strategy is illustrated by the recent sale of the undeveloped Victory gas field to Shell, the proceeds of which are being returned to shareholders and re-invested.

 

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