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IN BRIEF: Reabold confirms it has not received requisition notice

3rd Nov 2023 17:01

Reabold Resources PLC - Oil & gas investing company with a diversified portfolio of exploration, appraisal and development projects - Notes recent media coverage containing details of a purported general meeting requisition notice from Kamran Sattar of Portillion Capital Ltd. Reminds shareholders that it understands that Kamran Sattar was a supporter of, and driving force behind an unsuccessful attempt to gain control of Reabold without paying a premium to shareholders through a general meeting requisition last October. Says that despite press reporting that another requisition notice has been sent to the company, it has not received any form of communication with regard to a notice requisitioning a general meeting, but will make further announcements, as appropriate, if and when it does.

In the interim, advises shareholders to take no action.

Current stock price: 0.093 pence

12-month change: down 63%

By Holly Beveridge, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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