Results of Oversubscribed Placing

Reabold Resources PLC

02 April 2026

 

THIS ANNOUNCEMENT, INCLUDING THE APPENDIX AND INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY NEW ORDINARY SHARES OF THE COMPANY IN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION EU NO. 596/2014, AS RETAINED AND APPLICABLE IN THE UK PURSUANT TO SECTION 3 OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

2 April 2026

Reabold Resources plc

("Reabold" or the "Company")

Results of Oversubscribed Placing

Reabold, the investing company focused on developing strategic gas projects for European energy security, is pleased to announce that that, further to the Company's announcement released at 4:41 p.m. on 1 April 2026 (the "Launch Announcement"), the accelerated bookbuild has closed and the Company has conditionally raised £1.51 million (before expenses) through the successful placing of 1,510,000,000 New Ordinary Shares at the Issue Price of 0.1 pence per New Ordinary Share, pursuant to the Placing.

The Company has therefore conditionally raised gross proceeds of £3.41 million through the Placing and the Strategic Investment.

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

Posting of Circular and Notice of General Meeting

The Fundraising is conditional, inter alia, upon Shareholders approving the Resolutions at the General Meeting which is expected to be held on 24 April 2026. The Circular, which contains the Notice of General Meeting in respect of the Fundraising, is expected to be posted to Shareholders by 8 April 2026 and, once published, will be made available on the Company's website at https://reabold.com/.

Admission and Total Voting Rights

Application will be made for the New Ordinary Shares to be issued pursuant to the Fundraise to be admitted to trading on AIM, which is expected to take place at 8.00 a.m. on or around 27 April 2026 (or such later date as the Company and Cavendish may agree, but in any event not later than 8.00 a.m. on 11 May 2026).

Following the issue of the New Ordinary Shares, the Company will have 13,604,413,490 Ordinary Shares in issue, all of which have voting rights. The figure of 13,604,413,490 Ordinary Shares 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 change their interest in, the Company.

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.

 

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