Block Listing Return

RNS Number : 8874M
Trinity Exploration & Production
16 January 2023
 

 

A close up of a sign Description automatically generated

 

Trinity Exploration & Production plc

('Trinity' or the 'Company' or the 'Group')

 

 

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:

16 July 2022

To:

15 January 2023

Balance of unallotted securities under scheme(s) from previous return:

2,961,170 ordinary shares of   USD 0.01   each in the Company

 

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):

None

 

Less:   Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

852,014 ordinary shares of   USD 0.01   each in the Company

 

Equals:   Balance under scheme(s) not yet issued/allotted at end of period:

2,109,156 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

Nick Clayton, Non- Executive Chairman

Jeremy Bridglalsingh, Chief Executive Officer

Julian Kennedy, Chief Financial Officer

 

 

Via Vigo Consulting

SPARK Advisory Partners Limited

(Nominated Adviser and Financial Adviser)

Mark Brady

James Keeshan

 

+44 (0)20 3368 3550

Cenkos Securities PLC (Broker)

Leif Powis

Neil McDonald

 

+44 (0)20 7397 8900

+44 (0)131 220 6939

Vigo Consulting Limited

Finlay Thomson / Patrick   d'Ancona

 

trinity@vigoconsulting.com

+44 (0)20 7390 0230 

 

About Trinity ( 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 2021 was 19.73 mmbbls. Group 2C contingent resources are estimated to be 47.22 mmbbls. The Group's overall 2P plus 2C volumes are therefore 66.95 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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