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Jadestone Energy plc, through Stifel Nicolaus Europe Limited, purchased 179,389 ordinary shares on 5 August 2022 for cancellation, at prices ranging from 96.45 pence to 99.65 pence, with a volume weighted average price of 97.59 pence. Following this, the total voting rights in the Company stand at 465,470,929 ordinary shares. Jadestone Energy also announced corrections to its previous share buyback disclosures regarding transactions on 2, 3, and 4 August 2022.
| Date | 8 Aug 2022 |
| Time | 07:00:06 |
| Category | Capital structure |
| ID | 2191V |
Transaction in Own Shares and Corrections
8 August 2022 - Singapore: Jadestone Energy plc ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia-Pacific region, announces that, in accordance with the terms of its share buyback programme announced on 2 August 2022, it has purchased the following number of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") through Stifel Nicolaus Europe Limited ("Stifel"). The repurchased shares will be cancelled.
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Date of purchase: |
5 August 2022 |
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Aggregate number of Ordinary Shares purchased: |
179,389 |
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Lowest price paid per Ordinary Share (pence per share): |
96.45 |
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Highest price paid per Ordinary Share (pence per share): |
99.65 |
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Volume weighted average price paid per Ordinary Share (pence per share): |
97.59 |
Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 465,470,929 Ordinary Shares (excluding treasury shares) of £0.001 par value each in issue. Therefore, the total voting rights in the Company will be 465,470,929.
The figure of 465,470,929 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:
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Ordinary Shares purchased: |
Jadestone Energy plc (ISIN: GB00BLR71299) |
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Date of purchases: |
5 August 2022 |
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Investment firm: |
Stifel Nicolaus Europe Limited |
Individual transactions:
|
Transaction date and time |
Number of shares purchased |
Transaction price (pence per share) |
Trading venue |
|
5 August 2022, 08:37 AM |
11,000 |
96.45 |
LSE |
|
5 August 2022, 12:07 PM |
6,500 |
96.55 |
LSE |
|
5 August 2022, 02:39 PM |
12,000 |
99.65 |
LSE |
|
5 August 2022, 03:44 PM |
22,450 |
97.25 |
LSE |
|
5 August 2022, 03:51 PM |
50,000 |
98.00 |
LSE |
|
5 August 2022, 04:14 PM |
50,000 |
97.00 |
LSE |
|
5 August 2022, 04:37 PM |
27,439 |
98.00 |
LSE |
Further to announcements on 3 August 2022, 4 August 2022 and 5 August 2022, the following corrections have been made:
3 August 2022 - Times of individual transactions corrected
4 August 2022 - Date of purchase corrected
5 August 2022 - Date of purchase corrected
Corrected announcements have been appended to this announcement.
For further information, please contact:
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Jadestone Energy plc |
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Paul Blakeley, President and CEO |
+65 6324 0359 (Singapore) |
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Phil Corbett, Investor Relations Manager |
+44 7713 687467 (UK) |
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Stifel Nicolaus Europe Limited (Nomad, Joint Broker) |
+44 (0) 20 7710 7600 (UK) |
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Callum Stewart |
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Jason Grossman |
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Ashton Clanfield |
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Jefferies International Limited (Joint Broker) |
+44 (0) 20 7029 8000 (UK) |
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Tony White |
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Will Soutar |
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Camarco (Public Relations Advisor) |
+44 (0) 203 757 4980 (UK) |
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Billy Clegg |
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Georgia Edmonds |
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James Crothers |
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Transaction in Own Shares
3 August 2022 - Singapore: Jadestone Energy plc ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia-Pacific region, announces that, in accordance with the terms of its share buyback programme announced on 2 August 2022, it has purchased the following number of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") through Stifel Nicolaus Europe Limited ("Stifel"). The repurchased shares will be cancelled.
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Date of purchase: |
2 August 2022 |
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Aggregate number of Ordinary Shares purchased: |
37,063 |
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Lowest price paid per Ordinary Share (pence per share): |
100.03 |
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Highest price paid per Ordinary Share (pence per share): |
101.00 |
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Volume weighted average price paid per Ordinary Share (pence per share): |
100.68 |
Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 466,016,553 Ordinary Shares (excluding treasury shares) of £0.001 par value each in issue. Therefore, the total voting rights in the Company will be 466,016,553.
The figure of 466,016,553 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: |
Jadestone Energy plc (ISIN: GB00BLR71299) |
|
Date of purchases: |
2 August 2022 |
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Investment firm: |
Stifel Nicolaus Europe Limited |
Individual transactions:
|
Transaction date and time |
Number of shares purchased |
Transaction price (pence per share) |
Trading venue |
|
2 August 2022, 04:24 PM |
25,000 |
101.00 |
LSE |
|
2 August 2022, 04:28 PM |
12,063 |
100.03 |
LSE |
Transaction in Own Shares
4 August 2022 - Singapore: Jadestone Energy plc ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia-Pacific region, announces that, in accordance with the terms of its share buyback programme announced on 2 August 2022, it has purchased the following number of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") through Stifel Nicolaus Europe Limited ("Stifel"). The repurchased shares will be cancelled.
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Date of purchase: |
3 August 2022 |
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Aggregate number of Ordinary Shares purchased: |
183,370 |
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Lowest price paid per Ordinary Share (pence per share): |
99.60 |
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Highest price paid per Ordinary Share (pence per share): |
101.00 |
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Volume weighted average price paid per Ordinary Share (pence per share): |
99.73 |
Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 465,833,183 Ordinary Shares (excluding treasury shares) of £0.001 par value each in issue. Therefore, the total voting rights in the Company will be 465,833,183.
The figure of 465,833,183 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: |
Jadestone Energy plc (ISIN: GB00BLR71299) |
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Date of purchases: |
3 August 2022 |
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Investment firm: |
Stifel Nicolaus Europe Limited |
Individual transactions:
|
Transaction date and time |
Number of shares purchased |
Transaction price (pence per share) |
Trading venue |
|
3 August 2022, 09:41 AM |
10,000 |
100.24 |
LSE |
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3 August 2022, 09:41 AM |
12,981 |
101.00 |
LSE |
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3 August 2022, 11:31 AM |
160,389 |
99.60 |
LSE |
Transaction in Own Shares
5 August 2022 - Singapore: Jadestone Energy plc ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia-Pacific region, announces that, in accordance with the terms of its share buyback programme announced on 2 August 2022, it has purchased the following number of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") through Stifel Nicolaus Europe Limited ("Stifel"). The repurchased shares will be cancelled.
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Date of purchase: |
4 August 2022 |
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Aggregate number of Ordinary Shares purchased: |
182,865 |
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Lowest price paid per Ordinary Share (pence per share): |
98.00 |
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Highest price paid per Ordinary Share (pence per share): |
100.62 |
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Volume weighted average price paid per Ordinary Share (pence per share): |
99.70 |
Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 465,650,318 Ordinary Shares (excluding treasury shares) of £0.001 par value each in issue. Therefore, the total voting rights in the Company will be 465,650,318.
The figure of 465,650,318 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: |
Jadestone Energy plc (ISIN: GB00BLR71299) |
|
Date of purchases: |
4 August 2022 |
|
Investment firm: |
Stifel Nicolaus Europe Limited |
Individual transactions:
|
Transaction date and time |
Number of shares purchased |
Transaction price (pence per share) |
Trading venue |
|
4 August 2022, 08:47 AM |
5,000 |
100.00 |
LSE |
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4 August 2022, 08:57 AM |
32,000 |
100.00 |
LSE |
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4 August 2022, 11:02 AM |
50,000 |
100.00 |
LSE |
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4 August 2022, 12:36 PM |
7,225 |
100.62 |
LSE |
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4 August 2022, 01:38 PM |
20,003 |
100.00 |
LSE |
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4 August 2022, 02:35 PM |
27,000 |
100.00 |
LSE |
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4 August 2022, 02:46 PM |
10,000 |
99.45 |
LSE |
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4 August 2022, 02:59 PM |
3,000 |
98.00 |
LSE |
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4 August 2022, 04:18 PM |
28,637 |
98.33 |
LSE |
About Jadestone Energy
Jadestone Energy plc is an independent oil and gas company focused on the Asia-Pacific region. It has a balanced, low risk, full cycle portfolio of development, production and exploration assets in Australia, Malaysia, Indonesia and Vietnam.
The Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company also has interests in four oil producing licences offshore Peninsula Malaysia; two operated and two non-operated positions. Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest (assuming completion of the Hexindo stake acquisition, as announced in November 2021) in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field.
In addition, the Company has executed a sale and purchase agreement ("SPA") to acquire a 16.67% working interest in the North West Shelf Oil Project, offshore Western Australia, which is expected to complete in the fourth quarter of 2022. The Company has also signed an SPA to acquire a 69% operated working interest in the Maari Project, shallow water offshore New Zealand, and is working with the seller to obtain final New Zealand government approvals.
Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman's business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia-Pacific region.
Jadestone Energy plc is listed on the AIM market of the London Stock Exchange. The Company is headquartered in Singapore. For further information on the Company please visit www.jadestone-energy.com.
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.