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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Reabold Resources Plc | LSE:RBD | London | Ordinary Share | GB00B95L0551 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0825 | 0.08 | 0.085 | 0.0825 | 0.0825 | 0.0825 | 34,504,609 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Mgmt Invt Offices, Open-end | 560k | -45k | 0.0000 | N/A | 7.9M |
TIDMRBD
RNS Number : 6064G
Reabold Resources PLC
02 March 2018
2 March 2018
Reabold Resources plc
("Reabold" or the "Company")
Posting of Circular
Further to the announcement of 28 February 2018, Reabold, the AIM listed strategic investor in pre-cash flow upstream oil and gas projects, is pleased to announce that today it posted a notice of general meeting ("the Notice") to shareholders, and the Notice is available on the Company website www.reabold.com.
The general meeting (the "Meeting") will take place at the offices of Hill Dickinson LLP at 105 Jermyn Street, London SW1Y 6EE at 11.00 a.m. on 19 March 2018.
ENDS
Enquiries:
020 7440 Reabold Resources plc 640 Sachin Oza, Co-Chief Executive Stephen Williams, Co-Chief Executive Arden Partners (Joint Broker 020 7614 and bookrunner) 5900 Paul Shackleton / Daniel Gee-Summons - Corporate Finance Fraser Marshall - Corporate Broking (bookrunning enquiries) 020 7659 Whitman Howard (Joint Broker) 1234 Nick Lovering Grant Barker Beaumont Cornish (Nominated 020 7628 Advisers) 3396 Roland Cornish Felicity Geidt
Notes to Editors
Reabold Resources is an investor in upstream oil & gas projects with an aim 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. Management believes the current distress in the oil & gas industry presents an opportune time to deploy capital in undervalued assets with huge potential.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
March 02, 2018 13:04 ET (18:04 GMT)
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