Statement re Portillion and End of Offer Period

RNS Number : 0039W

Reabold Resources PLC

12 April 2023

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISCTION .

  12 April 2023

Reabold Resources plc

("Reabold" or the "Company")

Statement re Portillion and End of Offer Period

The Company notes the announcement released earlier today by Portillion Capital Ltd. on behalf of Portillion SPV O&G ("Portillion") stating that Portillion does not intend to make a firm offer for Reabold. Accordingly, Portillion is now subject to the restrictions under Rule 2.8 of the City Code on Takeovers and Mergers (the "Code") and Reabold is no longer deemed to be in an 'Offer Period', as defined in the Code.

For further information, contact :

Reabold Resources plc Sachin Oza Stephen Williams	c/o Camarco [phone]
Strand Hanson Limited - Nominated & Financial Adviser James Spinney James Dance Rob Patrick Stifel Nicolaus Europe Limited - Joint Broker Callum Stewart Simon Mensley Ashton Clanfield finnCap Ltd - Joint Broker Christopher Raggett Barney Hayward	[phone] [phone] [phone]
Camarco Billy Clegg Rebecca Waterworth	[phone]

 

END

 

 

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