Response to Statement by Prima Energy
Jadestone Energy plc has noted an announcement by Prima Energy regarding an agreement to acquire approximately 28.3% of Jadestone's issued share capital from Tyrus Capital S.A.M., though Jadestone has not yet received independent confirmation of this sale. Prima Energy has also stated it has no intention of making a takeover offer for Jadestone Energy plc and is bound by Rule 2.8 of the UK Takeover Code.
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2 September 2026 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company" and together with its subsidiaries, "Jadestone" or the "Group"), an independent upstream production and development company focused on the Asia-Pacific region, notes the announcement by PT Prima Petroleum Energi (“Prima Energy”) that Prima Energy has reached an agreement to acquire an interest in c.28.3% of the Company's issued share capital from Tyrus Capital S.A.M. (the “Sale”).
Jadestone has not yet received independent confirmation of the Sale.
Jadestone also notes Prima Energy’s statement that it has no intention of making an offer to acquire Jadestone Energy plc and is bound by the terms of Rule 2.8 of the UK Takeover Code in that respect.
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