Information  X 
Enter a valid email address

Reabold Resources (RBD)

  Print   

Friday 22 October, 2021

Reabold Resources

Directors' Dealings

RNS Number : 8840P
Reabold Resources PLC
22 October 2021
 

22 October 2021 

Reabold Resources plc

("Reabold" or the "Company")

Directors' Dealings

Reabold Resources, the AIM investing company which focuses on investments in upstream oil and gas projects, has been notified of the following purchases of ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") in the market, by certain Directors of the Company, as follows:

 

Director

Date of purchase

No. of Ordinary Shares Purchased

Price of Ordinary Shares purchased (pence)

No. of Ordinary Shares of beneficial interest following purchase

Percentage of share capital held following purchase

Stephen Williams

21/10/21

12,421,842

0.19p

29,643,953

0.33%

Sachin Oza

21/10/21

15,657,324

0.20p

36,551,821

0.41%

Anthony Samaha

21/10/21

2,986,774

0.19p

7,818,182

0.09%

Mike Felton

21/10/21

12,308,714

0.20p

25,240,599

0.28%

 

The FCA PDMR notifications, made in accordance with the requirements of the EU Market Abuse Regulation, are set out below.

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

 

 

For further information please contact:

Reabold Resources plc

Stephen Williams

Sachin Oza

c/o Camarco

+44 (0) 20 3757 4980

Strand Hanson Limited (Nominated and Financial Adviser)

James Spinney

James Dance

 +44 (0)20 7409 3494

 

Stifel Nicolaus Europe Limited - Joint Broker

Callum Stewart

Simon Mensley

Ashton Clanfield

+44 (0) 20 7710 7600

 

 

Panmure Gordon - Joint Broker

Hugh Rich

Nick Lovering

 

+44 (0) 20 207 886 2733

Camarco

James Crothers

Rebecca Waterworth

Billy Clegg

 

 

+44 (0) 20 3757 4980

Notes to Editors

Reabold Resources plc is an investing company investing in the exploration and production ("E&P") sector. The Company's investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.

As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.

Reabold's long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company. Reabold aims to gain exposure to assets with limited downside and high potential upside, capitalising on the value created between the entry stage and exit point of its projects. The Company invests in projects that have limited correlation to the oil price.

Reabold has a highly-experienced management team, who possess the necessary background, knowledge and contacts to carry out the Company's strategy.

 

ANNEXURE

 

PDMR Disclosures

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.  Stephen Williams

2.  Sachin Oza

3. Anthony Samaha

4.  Mike Felton

2.

Reason for the Notification

a)

Position/status

1.  Co-CEO

2.  Co-CEO

3.  Executive Director

4.  Non-Executive Director

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Reabold Resources plc

b)

LEI

2138006DR8T8XE87OC49

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares of 0.1p each ("Ordinary Shares")

Identification code

GB00B95L0551

b)

Nature of the Transaction

Purchase of Ordinary Shares in the Company

c)

Price(s) and volume(s)

Share Price (GBX)

Volume

1. 0.19p

2. 0.20p

3. 0.19p

3. 0.20p

1. 12,421,842

2. 15,657,324

3. 2,986,774

3. 12,308,714

d)

Aggregated information

Aggregated volume

Price

 

- 43,374,654

- 0.196

 

e)

Date of the transaction

21 October 2021

f)

Place of the transaction

AIM, London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDZMZGMMDGMZZ

a d v e r t i s e m e n t