Reabold Resources (LON:RBD), the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, announced that, at the General Meeting of the Company held earlier today, all resolutions proposed were duly passed.
Application has been made to the London Stock Exchange for the 2,666,666,666 Placing Shares to be admitted to trading on AIM. It is expected that Admission will become effective, and that dealings in the Placing Shares will commence on AIM, at 8.00 a.m. on 29 October 2019.
Following Admission, the Company will have 6,730,630,476 Ordinary Shares in issue carrying voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, with effect from Admission, this figure may be used by shareholders as the denominator for the calculations by which they will 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.
The Rathlin Cash Investment will complete once the Company is in receipt of the requisite proceeds from the Placing. A further announcement will be made in due course.
Unless defined in this announcement, defined terms used in this announcement have the same meaning as set out in the Circular issued by the Company on 10 October 2019.
