3rd Mar 2026 07:00
Vesting of Share Awards and PDMR Disclosure
3 March 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, announces that a total of 1,336,552 restricted share awards ("RS Awards"), granted by the Company under its Long-Term Incentive Plan on 20 November 2025, vested on 1 March 2026.
Under the RS Awards, Andrew Fairclough, Executive Director and Chief Financial Officer of Jadestone, was issued 98,479 ordinary shares of £0.001 each in the capital of the Company on 1 March 2026. Following the share issuance, Mr. Fairclough holds a total of 0.03% of the Company's issued share capital.
Andrew Fairclough, Executive Director and Chief Financial Officer, is a person discharging managerial responsibilities. The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation, is appended below and gives further details on the transaction.
An application has been made to the London Stock Exchange for the RS Awards to be admitted to trading on AIM. It is expected that admission will become effective, and that dealings will commence, at 8.00 a.m. GMT on 9 March 2026.
Total Voting Rights
Following the vesting of the RS Awards and admission of the ordinary shares referenced above, the Company will have 543,499,267 Ordinary Shares (excluding treasure shares) of £0.001 par value each in issue, and no Ordinary Shares in treasury. Therefore, the total voting rights in the Company will be 543,499,267.
This figure should 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 FCA's Disclosure Guidance and Transparency Rules.
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Andrew Fairclough
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2. | Reason for the notification | |||||
a) | Position/status: | Executive Director and Chief Financial Officer
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b) | Initial notification/Amendment: | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Jadestone Energy Plc
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b) | LEI: | 21380076GWJ8XDYKVQ37
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4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument:
Identification code: | Ordinary shares of £0.001 each in the share capital of Jadestone Energy plc
ISIN: GB00BLR71299
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b) | Nature of the transaction: | Vesting of restricted shares award | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: |
98,479 ordinary shares Nil
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e) | Date of the transaction: | 1 March 2026
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f) | Place of the transaction: | XOFF
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-ends-
For further information, please contact:
Jadestone Energy plc | |
Phil Corbett, Head of Investor Relations | +44 (0) 7713 687467 (UK) |
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Stifel Nicolaus Europe Limited (Nomad, Joint Broker) | +44 (0) 20 7710 7600 (UK) |
Callum Stewart | |
Jason Grossman | |
Ashton Clanfield | |
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Berenberg (Joint Broker) | +44 (0) 20 3757 4980 (UK) |
Ciaran Walsh | |
Dan Gee-Summons | |
Ryan Mahnke | |
Camarco (Public Relations Advisor) | +44 (0) 203 757 4980 (UK) |
Billy Clegg | |
Georgia Edmonds | |
Poppy Hawkins |
About Jadestone Energy
Jadestone Energy plc is an independent upstream company focused on the Asia-Pacific region. It has a balanced and increasingly diversified portfolio of production and development assets in Australia, Malaysia, Indonesia and Vietnam, all stable jurisdictions with a positive upstream investment climate.
The Company is pursuing a strategy to grow and diversify the Company's production base both organically, through developments such as Nam Du/U Minh in Vietnam and the Puteri Cluster offshore Malaysia, as well as through acquisitions that fit within Jadestone's financial framework and play to the Company's strengths in regional upstream development and operations and managing maturing oil assets. Jadestone delivers value in its acquisition strategy by enhancing returns through operating efficiencies, cost reductions and increased production through further investment.
Jadestone is a responsible operator and well positioned for the energy transition through its increasing gas production, by maximising recovery from existing brownfield developments and through its Net Zero pledge on Scope 1 & 2 GHG emissions from operated assets by 2040. This strategy is aligned with the IEA Net Zero by 2050 scenario, which stresses the necessity of continued investment in existing upstream assets to avoid an energy crisis and meet demand for oil and gas through the energy transition.
Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market of the London Stock Exchange (AIM: JSE). The Company is headquartered in Singapore. For further information on the Company please visit www.jadestone-energy.com.
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
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Jadestone Energy