TIDMTRIN

RNS Number : 0201M

Trinity Exploration & Production

18 January 2021

Trinity Exploration & Production plc

('Trinity' or the 'Company' or the 'Group')

Block listing Interim Review

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, provides its block listing update in respect of its existing block listing:

 
 Name of applicant:                             Trinity Exploration & Production 
                                                 plc 
 LEI:                                           213800WHW7571LAEDG63 
                                               ------------------------------------- 
 Name of scheme:                                Trinity's Long Term Incentive 
                                                 Plan 
                                               ------------------------------------- 
 Period of return:               From:          16 July     To:    15 January 
                                                 2020               2021 
                                -------------  ----------  -----  ------------------ 
 Balance of unallotted securities               35,888,677 ordinary shares 
  under scheme(s) from previous return:          of USD 0.01 each in the 
                                                 Company 
                                               ------------------------------------- 
 Plus: The amount by which the block            None 
  scheme(s) has been increased since 
  the date of the last return (if 
  any increase has been applied for): 
                                               ------------------------------------- 
 Less: Number of securities issued/allotted     4,745,057 ordinary shares 
  under scheme(s) during period (see             of USD 0.01 each in the 
  LR3.5.7G):                                     Company 
                                               ------------------------------------- 
 Equals: Balance under scheme(s)                31,143,620 ordinary shares 
  not yet issued/allotted at end of              of USD 0.01 each in the 
  period                                         Company 
                                               -------------------------------------

Enquiries:

 
Trinity Exploration & Production                 Tel: +44 (0)131 240 
 Bruce Dingwall CBE, Executive Chairman           3860 
 Jeremy Bridglalsingh, Managing Director 
 Tracy Mackenzie, Corporate Development Manager 
SPARK Advisory Partners Limited ( Nominated      Tel: +44 (0)20 3368 
 Adviser and Financial Adviser)                   3550 
 Mark Brady 
Cenkos Securities PLC (Broker)                   Tel: +44 (0)20 7397 
 Joe Nally (Corporate Broking)                    8900 
 Neil McDonald                                    +44(0)131 220 6939 
 Derrick Lee 
Walbrook PR Limited                                             Tel: +44 (0)20 7933 
 Nick Rome                                                                     8780 
                                                  trinityexploration@walbrookpr.com

About Trinity

Trinity is an independent oil and gas exploration and production company focused solely on Trinidad and Tobago. Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth. The Company operates all of its nine licences and, across all of the Group's assets, management's estimate of 2P reserves as at the end of 2019 was 20.9 mmbbls. Group 2C contingent resources are estimated to be 20.1 mmbbls. The Group's overall 2P plus 2C volumes are therefore 41.1 mmbbls.

Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.

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January 18, 2021 05:52 ET (10:52 GMT)

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