Transfer of Shares Held in Treasury and TVR

Trinity Exploration & Production

18 September 2023

 

18 September 2023

Trinity Exploration & Production plc

("Trinity" or "the Group" or "the Company")

Transfer of Shares Held in Treasury and Total Voting Rights

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces that to satisfy LTIP Awards, 448,431 Ordinary Shares that were held in Treasury have been transferred to the Company's Employee Benefit Trust.

Treasury Shares and Total Voting Rights

Following the above transaction, Trinity holds 1,100,569 of its Ordinary Shares in treasury and has 39,899,813 Ordinary Shares in issue (including Treasury Shares).  Therefore, the total voting rights in the Company is 38,799,244. 

This above figure of 38,799,244 is the total number of voting rights and may be used by shareholders (and others with notification obligations) as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

Trinity Exploration & Production plc Nick Clayton, Non- Executive Chairman Jeremy Bridglalsingh, Chief Executive Officer Julian Kennedy, Chief Financial Officer	Via Vigo Consulting
SPARK Advisory Partners Limited (Nominated Adviser and Financial Adviser) Mark Brady James Keeshan	[phone]
Cavendish Securities plc (Broker) Leif Powis Neil McDonald	[phone] [phone]
Vigo Consulting Limited Finlay Thomson / Patrick d'Ancona	[e-mail] [phone]

About Trinity (www.trinityexploration.com)

Trinity is an independent oil production company focused solely on Trinidad and Tobago.  Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad.  Trinity's portfolio includes current production, significant near-term production growth opportunities from low-risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth.  The Company operates all of its ten licences and, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the end of 2022 was 17.96 mmbbls.  Group 2C contingent resources are estimated to be 48.88 mmbbls.  The Group's overall 2P plus 2C volumes are therefore 66.84 mmbbls.

Trinity is quoted on AIM, a market operated and regulated by the London Stock Exchange Plc, under the ticker TRIN.

 

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