Reabold Resources PLC Change of Nominated Adviser

RNS Number : 2447H

Reabold Resources PLC

08 October 2024

8 October 2024

Reabold Resources plc

("Reabold" or the "Company")

Change of Nominated Adviser

Reabold Resources plc, the investing company focussed on developing strategic gas projects for European energy security, is pleased to announce that it has appointed Cavendish Capital Markets Limited as its Nominated Adviser and Broker with immediate effect.

For further information, contact:

Reabold Resources plc

Sachin Oza

Stephen Williams

c/o Camarco

+44 (0) 20 3757 4980

Cavendish - Broker and Nominated Adviser

Neil McDonald

Pearl Kellie

+44 (0) 20 7220 0500

Camarco

Billy Clegg

Rebecca Waterworth

Sam Morris

+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.

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