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Reabold Resources plc confirmed on June 3, 2026, that it has entered into an exclusivity agreement with Zenith Energy plc. This agreement grants Zenith exclusivity to evaluate the potential acquisition of Reabold's approximately 42% shareholding in Daybreak Oil and Gas.
| Date | 3 Jun 2026 |
| Time | 07:07:51 |
| Category | Acquisitions and alliances |
| ID | 8130G |
3 June 2026
Reabold Resources plc
("Reabold" or the "Company")
Exclusivity Agreement with Zenith Energy
Reabold, the investing company focused on developing strategic gas projects for European energy security, notes the announcement made by Zenith Energy plc ("Zenith") today and confirms that it has entered into an exclusivity agreement (the "Agreement") granting Zenith exclusivity to evaluate the potential acquisition of Reabold's shares in Daybreak Oil and Gas, in which Reabold holds approximately 42% of the ordinary shares outstanding.
Zenith's announcement can be found at:
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 |
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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.