Reabold Resources - Directors' Dealings
Released
Released
Announcement PDF
RNS Number : 8070T
Reabold Resources PLC
18 November 2019
18 November 2019
Reabold Resources Plc
("Reabold" or the "Company")
Directors' Dealings
Reabold Resources, the AIM investing company which focuses on investments in pre-cash
flow upstream oil and gas projects, has been notified of the following on-market purchases of
ordinary shares of 0.1 pence each in the Company ("Ordinary Shares"), 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 held
following
purchase
Sachin Oza
Stephen Williams
Mike Felton
Anthony Samaha
18/11/19
18/11/19
18/11/19
15/11/19
6,637,058
2,222,111
5,577,755
1,000,000
0.9p
0.9p
0.9p
0.9p
16,637,058
12,222,111
8,386,431
1,000,000
Percentage
of issued
share capital
held
following
purchase
0.25%
0.18%
0.12%
0.01%
This announcement contains inside information for the purposes of Article 7 of EU Regulation
596/2014.
For further information please contact:
Reabold Resources plc
c/o Camarco
Stephen Williams
+44 (0) 20 3757 4980
Sachin Oza
Strand Hanson Limited (Nominated and Financial Adviser)
James Spinney
+44 (0)20 7409 3494
Rory Murphy
James Dance
Camarco
James Crothers
Ollie Head
Billy Clegg
+44 (0) 20 3757 4980
Stifel Nicolaus Europe Limited - Joint Broker
+44 (0) 20 7710 7600
Callum Stewart
Nicholas Rhodes
Ashton Clanfield
Whitman Howard Limited - Joint Broker
+44 (0) 20 7659 1234
Nick Lovering
Grant Barker
Turner Pope Investments (TPI) Ltd - Joint Broker
+44 (0) 20 3657 0050
Andy Thacker
Zoe Alexander
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.
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.
END
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