Share Awards and Director Share Dealing

The following amendment has been made to the 'Vesting of Share Awards and Director Share Dealing' announcement released on 18 March 2024 at 07:00 under RNS No 2040H.

The admission date in the Admission section of the announcement has been amended to when the current share suspension is lifted and the Company's shares recommence trading on AIM.

All other details remain unchanged.

The full amended text is shown below.

Vesting of Share Awards and Director Share Dealing

18 March 2024 - Singapore: Jadestone Energy plc ("Jadestone", or the "Company"), an independent upstream company focused on the Asia-Pacific region, announces that a total of 50,570 restricted share awards ("RS Awards") granted by the Company on 18 March 2021, pursuant to the Company's Restricted Share Plan, vested on 18 March 2024.

With the vesting of the RS Awards, 50,570 ordinary shares of £0.001 each in the capital of the Company have been issued on 18 March 2024 to A. Paul Blakeley, Executive Director, President and CEO of Jadestone. The original RS Awards reflected a decision by Mr Blakeley to receive a portion of his annual base salary in the form of restricted share units to provide greater alignment with shareholders.

Following the share issuance, Mr. Blakeley holds a total of 4,943,992 ordinary shares, representing 0.91% of the Company's issued share capital.

Admission

Application has been made to the London Stock Exchange for the RS Awards to be admitted to trading on AIM. It is expected that admission will become effective, and that dealings will commence, when the current share suspension is lifted and the Company's shares recommence trading on AIM.

Total Voting Rights

Following the vesting of the RS Awards, the Company will have 540,817,144 Ordinary Shares (excluding treasury shares) of £0.001 par value each in issue, and no Ordinary Shares in treasury. Therefore, the total voting rights in the Company will be 540,817,144.

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

• Details of the person discharging managerial responsibilities/person closely associated
• Name: A. Paul Blakeley
• Reason for the notification
• Position/status: Executive Director, President and CEO
• Initial notification/Amendment: Initial Notification
• Name Jadestone Energy Plc
• LEI: 21380076GWJ8XDYKVQ37
• Description of the financial instrument, type of instrument: Identification code: Ordinary shares of £0.001 each in the share capital of Jadestone Energy plc ISIN: GB00BLR71299
• Nature of the transaction: Vesting of restricted shares award
• Price(s) and volume(s): Price Volume Nil 50,570 ordinary shares
• Aggregated information: · Aggregated volume: · Price: 50,570 ordinary shares Nil
• Date of the transaction: 18 March 2024
• Place of the transaction: XOFF