9 May 2024
Reabold Resources plc
("Reabold" or the "Company")
Change of Broker
Reabold Resources plc, the investing company focussed on European energy security, announces that Cavendish Capital Markets Limited will act as the Company's sole Broker with immediate effect.
ENDS
For further information, contact:
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Reabold Resources plc Sachin Oza Stephen Williams
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c/o Camarco +44 (0) 20 3757 4980
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Strand Hanson Limited - Nominated & Financial Adviser James Spinney James Dance Rob Patrick
Cavendish - Broker Neil McDonald Pearl Kellie
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+44 (0) 20 7409 3494
+44 (0) 20 7220 0500 |
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Camarco Billy Clegg Rebecca Waterworth Sam Morris
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+44 (0) 20 3757 4980
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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.
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