RBD Reabold Resources Plc

17 June 2024

Reabold Resources plc

("Reabold" or the "Company")

Director/PDMR Dealing

Reabold Resources plc, the investing company focussed on developing strategic gas projects for European energy security, announces that on 14 June 2024, the spouse (being a 'person closely associated') of Michael Felton, Non-executive Director, purchased 33,332,006 Ordinary Shares at a price of 0.075 pence per share.

Following this transaction, which is further detailed in the PDMR Notification Form below, Michael Felton's (including persons closely associated with Michael Felton) ultimate beneficial ownership is 58,572,605 Ordinary Shares, representing 0.57% of the Company's issued share capital (excluding treasury shares).

PDMR Notification

The below notification is made in accordance with the Article 19 of the Market Abuse Regulation (EU) 596/2014, as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

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Notes to Editors

Reabold Resources plc has a diversified portfolio of exploration, appraisal and development oil & gas projects. Reabold's strategy is to invest in low-risk, near-term projects which it considers to have significant valuation uplift potential, with a clear monetisation plan, where receipt of such proceeds will be returned to shareholders and re-invested into further growth projects. This strategy is illustrated by the recent sale of the undeveloped Victory gas field to Shell, the proceeds of which are being returned to shareholders and re-invested.