TIDMJSE

RNS Number : 7485C

Jadestone Energy PLC

25 February 2022

Jadestone Energy

Block Listing Six Monthly Return

25 February 2022 - Singapore: Jadestone Energy plc ("Jadestone", the "Company" or together with subsidiaries, the "Group"), today makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements in respect of the Jadestone Energy Stock Option Plan and Jadestone Energy Stock Option Plan 2021.

 
 Name of applicant:                                    Jadestone Energy plc 
 Name of scheme:                                       Jadestone Energy Stock Option Plan 
                                                        Jadestone Energy Stock Option Plan 2021 
                                                      ---------------------------------------------------------------- 
 Period of return:           From:                     26 August 2021              To:        25 February 2022 
                            ------------------------  --------------------------  ---------  ------------------------- 
 Balance of unallotted securities under scheme(s) 
  from previous return:                                26,065,453 
                                                      ---------------------------------------------------------------- 
 Plus: The amount by which the block scheme(s) has     Nil 
 been increased since the date of the last 
 return (if any increase has been applied for): 
                                                      ---------------------------------------------------------------- 
 Less: Number of securities issued/allotted under 
  scheme(s) during period (see LR3.5.7G):              1,466,077 
                                                      ---------------------------------------------------------------- 
 Equals: Balance under scheme(s) not yet 
  issued/allotted at end of period:                    24,599,376 
                                                      ---------------------------------------------------------------- 
 Number and class of securities originally admitted    25,034,488 Ordinary Shares of GBP0.001 each, admitted on 26 
  and the date of admission                            February 2021 
                                                       2,852,631 Ordinary Shares of GBP0.001 each, admitted on 23 
                                                       March 2021 
                                                      ---------------------------------------------------------------- 
 
 
 
 Name of contact:                Phil Corbett 
 Telephone number of contact:    +44 7713 687467 
                                ---------------- 
 

For further information, please contact:

 
 Jadestone Energy plc 
 Paul Blakeley, President and CEO           +65 6324 0359 (Singapore) 
 Phil Corbett, Investor Relations Manager   +44 7713 687467 (UK) 
                                            ir@jadestone-energy.com 
 
 Stifel Nicolaus Europe Limited (Nomad,     +44 (0) 20 7710 7600 (UK) 
  Joint Broker) 
 Callum Stewart 
 Jason Grossman 
 Ashton Clanfield 
 
 Jefferies International Limited (Joint     +44 (0) 20 7029 8000 (UK) 
  Broker) 
 Tony White 
 Will Soutar 
 
 Camarco (Public Relations Advisor)         +44 (0) 203 757 4980 (UK) 
 Billy Clegg                                jse@camarco.co.uk 
 James Crothers 
 

About Jadestone Energy

Jadestone Energy plc is an independent oil and gas company focused on the Asia-Pacific region. It has a balanced, low risk, full cycle portfolio of development, production and exploration assets in Australia, Malaysia, Indonesia, Vietnam and the Philippines.

The Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company also has interests in four oil producing licences offshore Peninsula Malaysia; two operated and two non-operated positions. Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest (assuming completion of the Hexindo stake acquisition, as announced in November 2021) in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field.

In addition, the Company has executed a sale and purchase agreement to acquire a 69% operated working interest in the Maari Project, shallow water offshore New Zealand, and is working with the seller to obtain final New Zealand government approvals.

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman's business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia-Pacific region.

Jadestone Energy plc is listed on the AIM market of the London Stock Exchange. 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 not considered to be inside information.

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February 25, 2022 02:01 ET (07:01 GMT)

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