Exclusivity Agreement with Zenith Energy

Summary by AI BETAClose X

Reabold Resources plc has entered into an exclusivity agreement with Zenith Energy plc, granting Zenith the exclusive right to evaluate the potential acquisition of Reabold's shares in Daybreak Oil and Gas, where Reabold holds approximately 42% of the ordinary shares. This development signifies a potential divestment for Reabold, impacting its stake in Daybreak Oil and Gas and potentially its overall asset portfolio.

Disclaimer*

Reabold Resources PLC
03 June 2026
 

3 June 2026

 

Reabold Resources plc

 

("Reabold" or the "Company")

 

Exclusivity Agreement with Zenith Energy

 

Reabold, the investing company focused on developing strategic gas projects for European energy security, notes the announcement made by Zenith Energy plc ("Zenith") today and confirms that it has entered into an exclusivity agreement (the "Agreement") granting Zenith exclusivity to evaluate the potential acquisition of Reabold's shares in Daybreak Oil and Gas, in which Reabold holds approximately 42% of the ordinary shares outstanding.

 

Zenith's announcement can be found at:

 

https://www.londonstockexchange.com/news-article/ZEN/exclusivity-agreements-to-acquire-daybreak-o-g/17620473

 

 

 

For further information, please contact:

 

Reabold Resources Plc

Stephen Williams

Sachin Oza

Via our Investor Hub

https://reabold.com/ 

 


Cavendish - Nominated & Financial Adviser and Broker

Neil McDonald

Pearl Kellie

+44 (0) 20 7220 0500

 


Camarco

Billy Clegg

Rebecca Waterworth

Sam Morris

+44 (0) 20 3757 4980

 

Subscribe to our news alert service: https://reabold.com/auth/signup

 

Notes to Editors

 

Reabold Resources PLC is a UK-based upstream oil and gas investment company focused on generating returns through investment in low-risk energy projects with high potential upside. Investment activity is undertaken through strategic equity stakes in proven undeveloped gas discoveries with significant resources and near-term production potential, primarily across the UK and continental Europe. To support its investment strategy, Reabold balances proceeds from asset sales between shareholder returns and re-investment in new projects, with a focus on contributing to European energy security while achieving significant valuation uplift through clear monetisation pathways.

 

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