Reabold Resources - Beacon Acquisition and Commencement of Trading
Released
Released
Announcement PDF
RNS Number : 7625V
Reabold Resources PLC
09 March 2026
9 March 2026
Reabold Resources plc
("Reabold" or the "Company")
Beacon Energy Acquisition and Commencement of Trading Update
Reabold Resources plc, the investing company focused on developing strategic gas projects for European energy
security, is pleased to note the announcement made by Beacon Energy PLC ("Beacon") on 6 March 2026
regarding the completion of its acquisition of a significant interest in LNEnergy Limited ("LNEnergy"), its associated
fundraise, and the re-commencement of trading of its shares on AIM. The Beacon announcement can be viewed
here:
ā
https://www.londonstockexchange.com/news-article/BCE/acquisition-fundraise-trading-
recommencement/17491686
Reabold retains a substantial exposure to the Colle Santo Asset, a material, development-ready onshore gas field
in Italy, through an entitlement to a significant portion of the project's cash flows, as well as through its
shareholding in Beacon. The completion of this acquisition, as well as the offtake and financing arrangement
LNEnergy Srl has entered into with a leading Italian based wholesaler and distributer of energy products
represent significant milestones in unlocking the value of the project which is expected to deliver substantial
economic returns, as outlined in Beacon's announcement.
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
+44 (0) 20 7220 0500
Camarco
Billy Clegg
Rebecca Waterworth
Sam Morris
+44 (0) 20 3757 4980
Investor questions on this announcement
We encourage all investors to share questions
on this announcement via our investor hub
https://reabold.com/link/eY2gYr
Subscribe to our news alert service: https://reabold.com/auth/signup
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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