Reabold Resources - Transaction in Own Shares
Released
Released
Announcement PDF
RNS Number : 0683X
Reabold Resources PLC
18 December 2023
18 December 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 13 December 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:
15 December 2023
Aggregate number of Ordinary Shares purchased:
3,585,977
Lowest price paid per Ordinary Share (pence per share):
0.1163 pence
Highest price paid per Ordinary Share (pence per share):
0.1163 pence
Volume weighted average price paid per Ordinary Share (pence
per share):
0.1163 pence
Following the share buyback, the Company will have 10,338,522,810 Ordinary Shares in issue, and
136,162,397 Ordinary Shares held in Treasury.
The figure of 10,338,522,810 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)
15 December 2023
Stifel Nicolaus Europe Limited
(ISIN:
Individual transactions:
Transaction date and time
Number of shares
purchased
Transaction price
(pence per share)
Trading venue
15 December 2023, 04:36 PM
3,585,977
0.1163
LSE
For further information, contact:
Reabold Resources plc
Sachin Oza
Stephen Williams
c/o Camarco
+44 (0) 20 3757 4980
Strand Hanson Limited - Nominated & Financial Adviser
James Spinney
James Dance
Rob Patrick
+44 (0) 20 7409 3494
Stifel Nicolaus Europe Limited - Joint Broker
Callum Stewart
Simon Mensley
Ashton Clanfield
+44 (0) 20 7710 7600
Cavendish - Joint Broker
Barney Hayward
Camarco
Billy Clegg
Rebecca Waterworth
Sam Morris
+44 (0) 20 7220 0500
+44 (0) 20 3757 4980
Notes to Editors
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 reinvested 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
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 rns@lseg.com 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
POSNKOBDCBDDNBD
Share your feedback
Discover