Reabold Resources - Transaction in Own Shares
Released
Released
Announcement PDF
RNS Number : 1806C
Reabold Resources PLC
09 June 2023
09 June 2023
Reabold Resources plc
("Reabold" or the "Company")
Transaction in Own Shares
Reabold Resources plc, the oil & gas investing company with a diversified portfolio of exploration,
appraisal and development projects, announces that, in accordance with the terms of its share
buyback programme announced on 28 April 2023, it has purchased the following number of
ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") through Stifel
Nicolaus Europe Limited ("Stifel"). The repurchased shares will be held in the Company's Treasury.
Date of purchase:
08 June 2023
Aggregate number of Ordinary Shares purchased:
900,000
Lowest price paid per Ordinary Share (pence per share):
0.1427 pence
Highest price paid per Ordinary Share (pence per share):
0.1427 pence
Volume weighted average price paid per Ordinary Share (pence
per share):
0.1427 pence
Following the share buyback, the Company will have 9,134,575,292 Ordinary Shares in issue, and
42,812,617 Ordinary Shares held in Treasury.
The figure of 9,134,575,292 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.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as
in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains
detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
Ordinary Shares purchased:
Date of purchases:
Investment firm:
Reabold
Resources
plc
GB00B95L0551)
08 June 2023
Stifel Nicolaus Europe Limited
(ISIN:
Individual transactions:
Transaction date and time
Number of shares
purchased
Transaction price
(pence per share)
Trading venue
08 June 2023, 11:08 AM
900,000
0.1427
LSE
For further information, please contact:
Reabold Resources plc
Stephen Williams (Co-CEO)
Sachin Oza (Co-CEO)
+44 (0) 20 3757 4980 (UK)
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart
Jason Grossman
Simon Mensley
Ashton Clanfield
+44 (0) 20 7710 7600 (UK)
Strand Hanson Limited (Nominated & Financial
Adviser)
James Spinney
James Dance
Rob Patrick
+44 (0) 20 7409 3494 (UK)
finnCap Ltd (Joint Broker)
Christopher Raggett
Barney Hayward
+44 (0) 20 7220 0500 (UK)
Camarco (Public Relations)
Billy Clegg
Rebecca Waterworth
+44 (0) 203 757 4980 (UK)
About Reabold Resources
Reabold Resources plc has a diversified portfolio of exploration, appraisal and development oil &
gas projects. Reabold's strategy is to invest in low-risk, near-term projects which it considers to
have significant valuation uplift potential, with a clear monetisation plan, where receipt of such
proceeds will be returned to shareholders and re-invested into further growth projects. This
strategy is illustrated by the recent sale of the undeveloped Victory gas field to Shell, the proceeds
of which are being returned to shareholders and re-invested.
The information contained within this announcement is considered to be inside information
prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014
which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct
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