TIDMRBD

RNS Number : 9644S

Reabold Resources PLC

09 October 2017

9 October 2017

Reabold Resources plc

("Reabold" or the "Company")

Senior Management Appointments

Reabold Resources, the investors in strategic upstream Oil & Gas projects initially focussed on Europe, is delighted to announce the appointment of Stephen Williams and Sachin Oza as Co-Chief Executive Officers, effective immediately.

Stephen and Sachin have worked in the energy sector for 14 and 15 years respectively and have both worked as investment analysts with M&G investments.

The company is proposing to appoint Stephen and Sachin to the board in due course, subject to regulatory requirements.

Jeremy Samuel Edelman, Executive Chairman of Reabold Resources, commented:

"I am delighted to welcome Sachin and Stephen as Co-Chief Executive Officers to the company. Both Sachin and Stephen bring considerable experience and influence to Reabold and I look forward to working with both of them as we begin a newly focussed phase for the Company."

Stephen Williams, Co-Chief Executive Officer of Reabold Resources, commented:

"Sachin and I are incredibly excited to lead Reabold into a new period of investing. The time is ideal to implement a planned strategy of participating in high impact, quality projects and to put capital to work in oil and gas investment."

Enquiries:

 
 Reabold Resources         Sachin Oza          C/o Camarco 
  plc                       Stephen Williams    Tel: 020 3757 4980 
 Beaumont Cornish          Roland Cornish      Tel: 020 7628 3396 
  Limited                   Felicity Geidt 
 Whitman Howard            Nick Lovering       Tel: 020 7659 1234 
  Limited                   Grant Barker 
 Turner Pope Investments   Andy Thacker        Tel: 020 3621 4120 
  (TPI) Ltd - Joint 
  Broker 
 Camarco                   Billy Clegg         Tel: 020 3757 4980 
                            James Crothers 
                            Oliver Head

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 09, 2017 02:00 ET (06:00 GMT)

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