JADESTONE ENERGY PLC

Report Publication Announcement • Aug 23, 2024

National Storage Mechanism | Additional information

RNS Number : 5694B

Jadestone Energy PLC

23 August 2024

Block Listing Six Monthly Return

23 August 2024 - Singapore: Jadestone Energy plc ("Jadestone", the "Group" or the "Company"), an independent upstream company focused on the Asia-Pacific region, 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, Jadestone Energy Stock Option Plan 2021 and Jadestone Energy Share Option Plan 2022.

Name of applicant:		Jadestone Energy plc
Name of scheme:		Jadestone Energy Stock Option Plan Jadestone Energy Stock Option Plan 2021 Jadestone Energy Share Option Plan 2022
Period of return:	From:	26 February 2024	To:	23 August 2024
Balance of unallotted securities under scheme(s) from previous return:		24,245,844
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):		Nil
Less:   Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):		Nil
Equals:   Balance under scheme(s) not yet issued/allotted at end of period:		24,245,844
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 1,046,690 Ordinary Shares of £0.001 each, admitted on 15 March 2022
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)
Bert-Jaap Dijkstra, CFO Phil Corbett, Head of Investor Relations	+44 (0) 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
Peel Hunt LLP (Joint Broker)	+44 (0) 20 7418 8900 (UK)
Richard Crichton
David McKeown Georgia Langoulant
Camarco (Public Relations Advisor)	+44 (0) 203 757 4980 (UK)
Billy Clegg	jse@camarco.co.uk
Andrew Turner Elfie Kent

About Jadestone Energy

Jadestone Energy plc is an independent upstream company focused on the Asia-Pacific region.  It has a balanced and increasingly diversified portfolio of production and development assets in Australia, Malaysia, Indonesia, Thailand and Vietnam, all stable jurisdictions with a positive upstream investment climate.

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman Energy's business in Asia-Pacific, the Company is pursuing a strategy to grow and diversify the Company's production base both organically, through developments such as at Akatara in Indonesia, Nam Du/U Minh in Vietnam and the SFA Cluster offshore Malaysia, as well as through acquisitions that fit within Jadestone's financial framework and play to the Company's strengths in managing maturing oil assets. Jadestone delivers value in its acquisition strategy by enhancing returns through operating efficiencies, cost reductions and increased production through further investment.

Jadestone is a responsible operator and well positioned for the energy transition through its increasing gas production, by maximising recovery from existing brownfield developments and through its Net Zero pledge on Scope 1 & 2 GHG emissions from operated assets by 2040. This strategy is aligned with the IEA Net Zero by 2050 scenario, which stresses the necessity of continued investment in existing upstream assets to avoid an energy crisis and meet demand for oil and gas through the energy transition.

Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market of the London Stock Exchange (AIM: JSE).  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 considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

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