Reabold Notes Beacon Announcement

Summary by AI ^BETAClose X

Reabold Resources plc notes an announcement from Beacon Energy PLC regarding the Colle Santo project, where a leading Italian energy distribution company has joined and LNEnergy srl has increased its working interest from 90 per cent to 100 per cent. This development is relevant to Reabold's strategic gas project investments aimed at enhancing European energy security.

Disclaimer*

Reabold Resources PLC

30 June 2026

Reabold Resources plc

("Reabold" or the "Company")

Reabold Notes Beacon Announcement

Reabold Resources plc, the investing company focused on developing strategic gas projects for European energy security, notes the announcement made by Beacon Energy PLC ("Beacon") today that a leading Italian energy distribution company has entered the Colle Santo project and that LNEnergy srl has increased its working interest in the Colle Santo project from 90 per cent to 100 per cent.

The full Beacon announcement can be viewed here:

https://www.londonstockexchange.com/news-article/BCE/strategic-investor-joins-colle-santo-project/17663305

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

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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.

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