14 May 2026
Reabold Resources plc
("Reabold" or the "Company")
Issue of Equity and Total Voting Rights
Reabold, the investing company focused on developing strategic gas projects for European energy security, provides an update on the deferred subscription by Sachin Oza, Co-CEO of Reabold, which was announced on 23 April 2026. Following the completion of the Company's share consolidation on 8 May 2026, Mr Oza's proposed £75,000 subscription will result in the issue of 75,000 new Ordinary Shares at a price of £1.00 per share (the "New Ordinary Shares). The New Ordinary Shares will be issued and admitted to trading on AIM on 15 May 2026."
Total Voting Rights
Following the issue of the New Ordinary Shares, Sachin Oza, and persons closely associated with Sachin Oza, will hold a total of 548,720 ordinary shares of £1.00 each, representing 3.78% of the voting rights in the Company. The Company's issued share capital will consist of 14,781,486 ordinary shares of £1.00 each, of which 280,271 shares are held in treasury. Therefore, the total number of voting rights in the Company will be 14,501,215.
This figure 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.
Capitalised terms used in this announcement (the "Announcement") have the meanings given to them in the Posting of Circular and Notice of General Meeting Announcement, unless the context provides otherwise.
For further information, please contact:
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Reabold Resources Plc Stephen Williams Sachin Oza |
Via our Investor Hub |
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Cavendish - Nominated & Financial Adviser and Broker Neil McDonald Pearl Kellie |
+44 (0) 20 7220 0500 |
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Camarco Billy Clegg Rebecca Waterworth Sam Morris |
+44 (0) 20 3757 4980 |
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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.