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Reabold Resources (RBD)

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Tuesday 25 August, 2020

Reabold Resources

Appointment of Joint Broker

RNS Number : 1250X
Reabold Resources PLC
25 August 2020
 

 

 

25 August 2020

 

 

Reabold Resources plc

("Reabold" or the "Company")

Appointment of Joint Broker

 

Reabold, the AIM listed investing company which focuses on investments in oil and gas projects, is pleased to announce that, pursuant to the acquisition of Whitman Howard Limited by Panmure Gordon & Co ("Panmure Gordon"), it has appointed Panmure Gordon as its Joint Broker with immediate effect.


ENDS

 

For further information please contact:

Reabold Resources plc

Stephen Williams

Sachin Oza

c/o Camarco

+44 (0) 20 3757 4980

Strand Hanson Limited (Nominated and Financial Adviser)

James Spinney

Rory Murphy

James Dance

+44 (0)20 7409 3494

Stifel Nicolaus Europe Limited - Joint Broker

Callum Stewart

Simon Mensley

Ashton Clanfield

+44 (0) 20 7710 7600

Panmure Gordon - Joint Broker

Hugh Rich

Nick Lovering

+44 (0) 20 7659 1234

 

Camarco

James Crothers

Ollie Head

Billy Clegg

+44 (0) 20 3757 4980

 

Notes to Editors

Reabold Resources plc is an investing company investing in the exploration and production ("E&P") sector. The Company's investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.

As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.

Reabold's long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company. Reabold aims to gain exposure to assets with limited downside and high potential upside, capitalising on the value created between the entry stage and exit point of its projects. The Company invests in projects that have limited correlation to the oil price.

Reabold has a highly-experienced management team, who possess the necessary background, knowledge and contacts to carry out the Company's strategy.

 

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