Jadestone Announces Transaction in Own Shares

Source: www.gulfoilandgas.com 12/13/2022, Location: Asia

Jadestone Energy plc ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia-Pacific region, announces that , in accordance with the terms of its share buyback programme announced on 2 August 2022, it has purchased the following number of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") through Stifel Nicolaus Europe Limited ("Stifel") . The repurchased shares will be cancelled.

Date of purchase: 12 December 2022
Aggregate number of Ordinary Shares purchased: 181,825
Lowest price paid per Ordinary Share (pence per share): 66.00
Highest price paid per Ordinary Share (pence per share): 67.25
Volume weighted average price paid per Ordinary Share (pence per share): 66.61

Following the cancellation of the repurchased shares, the Company will have no Ordinary Shares in treasury and 450,081,699 Ordinary Shares (excluding treasury shares) of £0.001 par value each in issue. Therefore, the total voting rights in the Company will be 450,081,699 .

The figure of 450,081,699 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.


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