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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0075 | 9.09% | 0.09 | 0.085 | 0.095 | 0.09 | 0.0825 | 0.0825 | 65,239,880 | 10:17:12 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Mgmt Invt Offices, Open-end | 560k | -45k | 0.0000 | N/A | 8.89M |
TIDMRBD
RNS Number : 8045G
Reabold Resources PLC
28 July 2021
28 July 2021
Reabold Resources plc
("Reabold" or the "Company")
Results of Annual General Meeting ("AGM")
Reabold, the investor in upstream oil and gas projects, is pleased to announce that, at the Annual General Meeting of the Company held earlier today, all resolutions proposed were duly passed.
ENDS
For further information please contact:
Reabold Resources plc c/o Camarco Stephen Williams +44 (0) 20 3757 Sachin Oza 4980 Strand Hanson Limited (Nominated and Financial Adviser) James Spinney Rory Murphy James Dance +44 (0)20 7409 3494 Stifel Nicolaus Europe Limited - Joint Broker +44 (0) 20 7710 Callum Stewart 7600 Simon Mensley Ashton Clanfield Panmure Gordon - Joint Broker Hugh Rich +44 (0) 20 7659 Nick Lovering 1234 Camarco James Crothers Billy Clegg +44 (0) 20 3757 Rebecca Waterworth 4980
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.
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(END) Dow Jones Newswires
July 28, 2021 10:52 ET (14:52 GMT)
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