Issue of Equity and Total Voting Rights
Reabold Resources plc announced the issuance of 75,000 new Ordinary Shares at £1.00 each, following a £75,000 deferred subscription by Co-CEO Sachin Oza, which will be admitted to AIM on May 15, 2026. Post-issuance, Mr. Oza and associated parties will hold 548,720 shares, representing 3.78% of the voting rights. The company's total issued share capital will be 14,781,486 ordinary shares, with 280,271 held in treasury, resulting in 14,501,215 total voting rights, which shareholders can use for FCA disclosure calculations.
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Reabold, the investing company focused on developing strategic gas projects for European energy security, provides an update on the deferred subscription by Sachin Oza, Co-CEO of Reabold, which was announced on 23 April 2026. Following the completion of the Company's share consolidation on 8 May 2026, Mr Oza's proposed £75,000 subscription will result in the issue of 75,000 new Ordinary Shares at a price of £1.00 per share (the "New Ordinary Shares). The New Ordinary Shares will be issued and admitted to trading on AIM on 15 May 2026."
Total Voting Rights
Following the issue of the New Ordinary Shares, Sachin Oza, and persons closely associated with Sachin Oza, will hold a total of 548,720 ordinary shares of £1.00 each, representing 3.78% of the voting rights in the Company. The Company's issued share capital will consist of 14,781,486 ordinary shares of £1.00 each, of which 280,271 shares are held in treasury. Therefore, the total number of voting rights in the Company will be 14,501,215.
Capitalised terms used in this announcement (the "Announcement") have the meanings given to them in the Posting of Circular and Notice of General Meeting Announcement, unless the context provides otherwise.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.