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| Date | 14 Feb 2023 |
| Time | 07:00:06 |
| Category | Corporate updates |
| ID | 7760P |
14 February 2023
Reabold Resources plc
("Reabold" or the "Company")
Appointment of Broker
Reabold Resources plc, the oil & gas investing company with a diversified portfolio of exploration, appraisal and development projects, is pleased to announce that it has appointed finnCap Ltd as its Joint Broker, alongside Stifel Nicolaus Europe Limited, with immediate effect. Strand Hanson Limited remains the Company's Nominated Adviser.
For further information, contact:
|
Reabold Resources plc Sachin Oza Stephen Williams
|
c/o Camarco +44 (0) 20 3757 4980
|
|
Strand Hanson Limited - Nominated & Financial Adviser James Spinney James Dance Rob Patrick
Stifel Nicolaus Europe Limited - Joint Broker Callum Stewart Simon Mensley Ashton Clanfield
finnCap Ltd - Joint Broker Christopher Raggett Barney Hayward
|
+44 (0) 20 7409 3494
+44 (0) 20 7710 7600
+44 (0) 20 7220 0500 |
|
Camarco Billy Clegg Rebecca Waterworth |
+44 (0) 20 3757 4980
|
Notes to Editors
Reabold Resources plc has a diversified portfolio of exploration, appraisal and development oil & gas projects. Reabold's strategy is to invest in low-risk, near-term projects which it considers to have significant valuation uplift potential, with a clear monetisation plan, where receipt of such proceeds will be returned to shareholders and re-invested into further growth projects. This strategy is illustrated by the recent sale of the undeveloped Victory gas field to Shell, the proceeds of which are being returned to shareholders and re-invested.