Singapore - 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 GBP0.001 each in the capital of the Company ('Ordinary Shares') through Stifel Nicolaus Europe Limited ('Stifel'). The repurchased shares will be cancelled.
Following the cancellation of the repurchased shares, the Company will have no Ordinary Shares in treasury and 452,282,567 Ordinary Shares (excluding treasury shares) of GBP0.001 par value each in issue. Therefore, the total voting rights in the Company will be 452,282,567.
The figure of 452,282,567 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.
Contact:
Jadestone Energy plc
Paul Blakeley
President and CEO
T: +65 6324 0359
Singapore
Bert-Jaap Dijkstra
CFO
Phil Corbett
Investor Relations Manager
T: +44 7713 687467
UK
E: ir@jadestone-energy.com
Stifel Nicolaus Europe Limited
Nomad, Joint Broker
T: +44 (0) 20 7710 7600 (UK)
Callum Stewart
Jason Grossman
Ashton Clanfield
Jefferies International Limited
Joint Broker
T: +44 (0) 20 7029 8000
UK
Tony White
Will Soutar
Camarco
Billy Clegg
Public Relations Advisor
T: +44 (0) 203 757 4980
UK
E: jse@camarco.co.uk
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 and Vietnam.
The Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company also has a 16.67% non-operated interest in the North West Shelf Oil Project offshore Western Australia, comprising four oil fields containing significant upside potential through potential infill drilling and life extension activities.
The Company 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 an operated 100% interest (assuming completion of the Hexindo stake acquisition, as announced in November 2021) in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field development, where first production is expected in the first half of 2024.
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 (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.
JADESTONE ENERGY PLC 
