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On 23 April 2026, Reabold Resources plc announced that Co-CEO Sachin Oza subscribed for an additional 75,000,000 New Ordinary Shares, raising gross proceeds of £75,000. This Deferred Subscription, which is subject to approval at a General Meeting, is in addition to 125,000,000 New Ordinary Shares he previously subscribed for, and Oza will also receive Warrants.
| Date | 23 Apr 2026 |
| Time | 18:03:44 |
| Category | Director/PDMR dealings |
| ID | 7373B |
23 April 2026
Reabold Resources plc
("Reabold" or the "Company")
Director/PDMR shareholding
Further to the Company's announcement on 10 April 2026 (the "Posting of Circular and Notice of General Meeting Announcement") Reabold, the investing company focused on developing strategic gas projects for European energy security, is pleased to announce that Sachin Oza, Co-CEO of Reabold has subscribed for a further 75,000,000 New Ordinary Shares ("Deferred Subscription Shares") at the Issue Price raising further gross proceeds of £75,000 (the "Deferred Subscription"). The Deferred Subscription is in addition to the 125,000,000 New Ordinary Shares that Sachin Oza subscribed for as part of the Subscription. Additionally, Sachin Oza will receive Warrants on the same terms as the Fundraise. The Deferred Subscription is subject to approval at the Company's General Meeting.
Capitalised terms used in this announcement (the "Announcement") have the meanings given to them in the Posting of Circular and Notice of General Meeting Announcement, unless the context provides otherwise.
For further information, please contact:
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Reabold Resources Plc Stephen Williams Sachin Oza |
Via our Investor Hub |
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Cavendish - Nominated & Financial Adviser and Broker Neil McDonald Pearl Kellie |
+44 (0) 20 7220 0500 |
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Camarco Billy Clegg Rebecca Waterworth Sam Morris |
+44 (0) 20 3757 4980 |
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.
PDMR Notifications
The below notifications are made in accordance with the Article 19 of the Market Abuse Regulation (EU) 596/2014, as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.
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1. Details of the person discharging managerial responsibilities / person closely associated
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a) |
Name |
Sachin Oza |
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2. Reason for notification |
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b) |
Position / status |
Co-CEO
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c) |
Initial notification / amendment |
Initial Notification
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3. Details of the issuer or emission allowance market participant
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a) |
Name |
Reabold Resources PLC |
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b) |
LEI |
2138006DR8T8XE87OC49 |
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4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument Identification code
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Ordinary Shares of 0.1p each
GB00B95L0551
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b) |
Nature of the transaction |
Purchase of Ordinary Shares
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c) |
Price(s) and volume (s) |
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d) |
Aggregated information · Volume · Price · Total |
N/A |
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e) |
Date of the transaction |
23 April 2026
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f) |
Place of the transaction |
London Stock Exchange, AIM |
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