t
Reabold Resources plc announced on 2 July 2026 that it awarded nil-cost share options to Directors and Persons Discharging Managerial Responsibilities (PDMRs) under its Deferred Annual Bonus Plan 2025. Co-Chief Executive Officers Sachin Oza and Stephen Williams each received 103,338 options, and Chief Financial Officer Chris Connolly received 33,318 options. These options will become exercisable from the third anniversary of the grant date.
| Date | 2 Jul 2026 |
| Time | 10:29:43 |
| Category | Director/PDMR dealings |
| ID | 7984K |
2 July 2026
Reabold Resources plc
("Reabold" or the "Company")
Deferred Annual Bonus Plan 2025 Share Option Awards
PDMR Dealing
Reabold Resources plc, the investing company focussed on developing strategic gas projects for European energy security, announces that on 2 July 2026 (the "Grant Date"), the following share option awards (the "Awards") were made to certain Directors and Persons Discharging Managerial Responsibilities ("PDMRs") under the Reabold Resources plc Deferred Annual Bonus Plan (the "Plan").
The Awards were made in accordance with the rules of the Plan and as provided for in the 2025 Directors' Remuneration Report, which can be found in the Company's 2025 Annual Report. For the Executive Directors, Sachin Oza and Stephen Williams, the Awards represent 100% of the total 2025 annual bonus value, and for Chris Connolly, Non-Board CFO, 50% of the total annual bonus value. The Awards are required to be deferred into nil-cost options over ordinary shares of £1.00 each in the capital of the Company ("Ordinary Shares"), pursuant to the terms of the Plan. In calculating the number of Ordinary Shares over which the Awards have been made, the Remuneration Committee has applied the closing price per Ordinary Share on the day prior to the Grant Date.
The number of Ordinary Shares subject to the nil-cost options granted under the Awards are set out in the table below. The nil-cost options will become exercisable from the third anniversary of the Grant Date, subject to the terms and conditions of the Plan.
|
Director/PDMR |
Position |
Number of Ordinary Shares subject to Award |
|
Sachin Oza |
Co-Chief Executive Officer |
103,338 |
|
Stephen Williams |
Co-Chief Executive Officer |
103,338 |
|
Chris Connolly |
Chief Financial Officer |
33,318 |
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.
|
1. Details of the person discharging managerial responsibilities / person closely associated
|
||||||
|
a) |
Name |
Sachin Oza |
||||
|
2. Reason for notification |
||||||
|
b) |
Position / status |
Co-CEO
|
||||
|
c) |
Initial notification / amendment |
Initial Notification
|
||||
|
3. Details of the issuer or emission allowance market participant
|
||||||
|
a) |
Name |
Reabold Resources PLC |
||||
|
b) |
LEI |
2138006DR8T8XE87OC49 |
||||
|
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 |
||||||
|
a) |
Description of the financial instrument Identification code
|
Ordinary Shares
GB00BVK55Z16 |
||||
|
b) |
Nature of the transaction |
103,338 nil-cost options over Ordinary Shares awarded under the Reabold Deferred Annual Bonus Plan
|
||||
|
c) |
Price(s) and volume (s) |
|
||||
|
d) |
Aggregated information · Volume · Price · Total |
N/A, single transaction |
||||
|
e) |
Date of the transaction |
2 July 2026 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1. Details of the person discharging managerial responsibilities / person closely associated
|
||||||
|
a) |
Name |
Stephen Williams |
||||
|
2. Reason for notification |
||||||
|
b) |
Position / status |
Co-CEO
|
||||
|
c) |
Initial notification / amendment |
Initial Notification
|
||||
|
3. Details of the issuer or emission allowance market participant
|
||||||
|
a) |
Name |
Reabold Resources PLC |
||||
|
b) |
LEI |
2138006DR8T8XE87OC49 |
||||
|
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 |
||||||
|
a) |
Description of the financial instrument Identification code
|
Ordinary Shares
GB00BVK55Z16 |
||||
|
b) |
Nature of the transaction |
103,338 nil-cost options over Ordinary Shares awarded under the Reabold Deferred Annual Bonus Plan
|
||||
|
c) |
Price(s) and volume (s) |
|
||||
|
d) |
Aggregated information · Volume · Price · Total |
N/A, single transaction |
||||
|
e) |
Date of the transaction |
2 July 2026 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1. Details of the person discharging managerial responsibilities / person closely associated
|
||||||
|
a) |
Name |
Chris Connolly |
||||
|
2. Reason for notification |
||||||
|
b) |
Position / status |
CFO (PDMR)
|
||||
|
c) |
Initial notification / amendment |
Initial Notification
|
||||
|
3. Details of the issuer or emission allowance market participant
|
||||||
|
a) |
Name |
Reabold Resources PLC |
||||
|
b) |
LEI |
2138006DR8T8XE87OC49 |
||||
|
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 |
||||||
|
a) |
Description of the financial instrument Identification code
|
Ordinary Shares
GB00BVK55Z16
|
||||
|
b) |
Nature of the transaction |
33,318 nil-cost options over Ordinary Shares awarded under the Reabold Deferred Annual Bonus Plan
|
||||
|
c) |
Price(s) and volume (s) |
|
||||
|
d) |
Aggregated information · Volume · Price · Total |
N/A, single transaction |
||||
|
e) |
Date of the transaction |
2 July 2026 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
For further information please contact:
|
Reabold Resources plc Sachin Oza Stephen Williams
|
Via our Investor Hub
|
|
Cavendish - Nominated & Financial Adviser and Broker Neil McDonald Pearl Kellie
|
+44 (0) 20 7220 0500 |
|
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.