News Oil & Gas

Reabold receives new requisition notice for general meeting

Reabold Resources plc has received a new requisition notice from Pershing Nominees Ltd for a general meeting to replace the entire board with new directors.

The oil and gas investor said yesterday that the notice, dated 15 November 2023, was delivered to its registered office by courier on 21 November 2023 after 5pm and by email on 22 November 2023.

Pershing now owns, in aggregate, approximately 8.17% of Reabold’s issued share capital on behalf of 13 beneficial shareholders.

Reabold added it was considering the content of the requisition notice and advised shareholders to take no action at this stage.