Jadestone Energy PLC Announces Block Listing Six Monthly Return

Rhea-AI Summary

Jadestone Energy has released its block listing six-monthly return, outlining the status of its stock option plans.

For the period from February 26, 2021, to August 25, 2021, the company reported an increase of 27,887,119 unallotted securities under its stock option schemes.

During the same period, 1,821,666 securities were issued, resulting in a remaining balance of 26,065,453 unissued securities.

The company manages a diverse portfolio across the Asia Pacific, focusing on oil and gas developments.

Positive

• Increased unallotted securities by 27,887,119.
• Only 1,821,666 securities issued, maintaining a large pool of unissued options.

Negative

• None.

Jadestone Energy
Block Listing Six Monthly Return

SINGAPORE / ACCESSWIRE / August 26, 2021 / 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 February 2021	To:	25 August 2021
Balance of unallotted securities under scheme(s) from previous return:		Nil
Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):		27,887,119
Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):		1,821,666
Equals: Balance under scheme(s) not yet issued/allotted at end of period:		26,065,453
Number and class of securities originally admitted and the date of admission		25,034,488 Ordinary Shares of £0.001 each, admitted on 26 February 2021 2,852,631 Ordinary Shares of £0.001 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)
Dan Young, CFO
Phil Corbett, Investor Relations Manager	+44 7713 687467 (UK)
	ir@jadestone-energy.com
Stifel Nicolaus Europe Limited (Nomad, Joint Broker)	+44 (0) 20 7710 7600 (UK)
Callum Stewart
Jason Grossman
Ashton Clanfield
Jefferies International Limited (Joint Broker)	+44 (0) 20 7029 8000 (UK)
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 Montara project and in the Stag oilfield, both offshore Australia. Both the Montara and Stag 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 a 90% operated working interest 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Jadestone Energy PLC

View source version on accesswire.com:
https://www.accesswire.com/661510/Jadestone-Energy-PLC-Announces-Block-Listing-Six-Monthly-Return

FAQ

What did Jadestone Energy announce on August 26, 2021?

Jadestone Energy announced its block listing six-monthly return, detailing increases in unallotted securities under its stock option plans.

How many unissued securities does Jadestone Energy have as of August 25, 2021?

As of August 25, 2021, Jadestone Energy has a remaining balance of 26,065,453 unissued securities.

What is the period covered in Jadestone Energy's latest return?

The latest return covers the period from February 26, 2021, to August 25, 2021.

How many securities were issued by Jadestone Energy during the reporting period?

During the reporting period, Jadestone Energy issued 1,821,666 securities.