TIDMJSE

RNS Number : 9045Q

Jadestone Energy PLC

24 February 2023

Block Listing Six Monthly Return

24 February 2023 - 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, Jadestone Energy Stock Option Plan 2021 and Jadestone Energy Share Option Plan 2022.

 
 Name of applicant:                                   Jadestone Energy plc 
 Name of scheme:                                      Jadestone Energy Stock Option Plan 
                                                       Jadestone Energy Stock Option Plan 2021 
                                                       Jadestone Energy Share Option Plan 2022 
                                                     ----------------------------------------------------------------- 
 Period of return:            From:                   26 August 2022              To:        25 February 2023 
                             ----------------------  --------------------------  ---------  -------------------------- 
 Balance of unallotted securities under scheme(s) 
  from previous return:                               24,724,004 
                                                     ----------------------------------------------------------------- 
 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):             478,160 
                                                     ----------------------------------------------------------------- 
 Equals: Balance under scheme(s) not yet 
  issued/allotted at end of period:                   24,245,844 
                                                     ----------------------------------------------------------------- 
 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 
                                                      1,046,690 Ordinary Shares of GBP0.001 each, admitted on 15 March 
                                                      2022 
                                                     ----------------------------------------------------------------- 
 
 
 
 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) 
 Bert-Jaap Dijkstra, CFO 
 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 
 Georgia Edmonds 
  Elfie Kent 
 
 

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 and Vietnam.

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 a 16.67% non-operated interest in the North West Shelf Oil Project offshore Western Australia, comprising four oil fields containing significant upside potential through potential infill drilling and life extension activities.

The Company has interests in four oil producing licences offshore Peninsular Malaysia; two operated and two non-operated positions, and a non-operated 9.52% interest in the Sinphuhorm producing gas field onshore Thailand.

Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field development, where first production is expected in the first half of 2024.

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 (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 .

This announcement does not contain inside information.

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END

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February 24, 2023 02:00 ET (07:00 GMT)

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