Results of General Meeting & TVR

Reabold Resources PLC

27 April 2026

 

27 April 2026

Reabold Resources plc

("Reabold" or the "Company")

Results of General Meeting

&

Total Voting Rights

Reabold Resources plc, the investing company focused on developing strategic gas projects for European energy security, is pleased to announce that the resolutions put to shareholders at its General Meeting held earlier today were duly passed by a show of hands.

Accordingly, conditional on Admission, the Company has raised gross proceeds of c.4.2 million through the issue of 4,231,800,000 New Ordinary Share pursuant to the fundraising announced on 1 April 2026 (the "Launch Announcement"). 

Capitalised terms used in this announcement (the "Announcement") have the meanings given to them in the Launch Announcement, unless the context provides otherwise.

Proxy Votes

The proxy votes cast for each of the resolutions put before the General Meeting of Reabold were as follows:

Resolution	Votes For	%	Votes Against	%	Total votes cast (excluding withheld)	% of Issued Share Capital Voted	Votes Withheld
Resolution 1: Directors' Authority to Allot Shares in connection with the Fundraising	2,386,718,725	93.19	174,432,383	6.81	2,561,151,108	25.12%	25,641,866
Resolution 2: Directors' Authority to Allot Shares in connection with the Warrants	2,376,205,030	92.78	184,946,078	7.22	2,561,151,108	25.12%	25,641,866
Resolution 3: Directors' General Authority to Allot Shares	2,365,506,211	92.42	194,101,061	7.58	2,559,607,272	25.11%	27,185,702
Resolution 4: Consolidation of the Company's Ordinary Shares	2,524,477,472	97.62	61,607,105	2.38	2,586,084,577	25.37%	708,397
Resolution 5: Special Resolution: Disapplication of Pre-emption Rights for Fundraising Shares	2,363,153,890	91.41	221,958,560	8.59	2,585,112,450	25.36%	1,680,524
Resolution 6: Special Resolution: Disapplication of Pre-emption Rights in Respect of Warrants	2,362,665,919	91.40	222,231,964	8.60	2,584,897,883	25.36%	1,895,091
Resolution 7: Special Resolution: General Disapplication of Pre-emption Rights	2,358,543,846	91.24	226,354,037	8.76	2,584,897,883	25.36%	1,895,091
Resolution 8: Special Resolution: Adoption of New Articles	2,398,359,293	92.86	184,307,286	7.14	2,582,666,579	25.33%	4,126,395

*     Total voting rights of the shares in issue, excluding the 280,271,717 ordinary shares held in Treasury, was 10,194,413,490. Every shareholder has one vote for every ordinary share held.

**    Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

Admission and Total Voting Rights

An application has been made for the New Ordinary Shares to be to be issued pursuant to the Fundraise to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealing in the New Ordinary Shares will commence on or around 8:00 a.m. on 28 April 2026. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following Admission and prior to the Share Consolidation, the total issued share capital of the Company will consist of 14,706,485,207 Ordinary Shares. The Company holds 280,271,717 Ordinary Shares in treasury. Accordingly, on admission, the total number of voting rights in the Company will be 14,426,213,490 and this is the figure that 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

As announced on 23 April 2026, Sachin Oza has subscribed for a further 75,000,000 New Ordinary Shares which will be issued, and for which an application for admission to trading on AIM will be submitted, separately. An announcement of the application and the new number of the total number of shares in issue will be made in due course.

Share Consolidation

Following the approval of the Share Consolidation at the General Meeting and its implementation, the Company's ordinary shares will trade under a new ISIN and SEDOL.

With effect from 8 May 2026, the Company's ordinary shares will be admitted to trading on AIM under the following identifiers:

•           New ISIN: GB00BVK55Z16

•           New SEDOL: BVK55Z1

The existing ISIN GB00B95L0551 will be cancelled with effect from the same date. CREST accounts are expected to be credited with the consolidated ordinary shares under the new ISIN on 8 May 2026.

Except as set out above, the Company's ordinary shares will continue to trade on AIM and no further action is required by shareholders.

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	[phone]
Camarco Billy Clegg Rebecca Waterworth Sam Morris	[phone]

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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.

 

END