Jadestone Energy Regulatory News (JSE)

17 Oct 2022 07:00

RNS Number : 021D Jaestone Energy PLC 17 October 2022 160

Transaction in Own Shares

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17 October 2022 - Singapore: Jaestone Energy plc ("Jaestone" or the "Company"), an inepenent oil an gas prouction company focuse on the Asia-Pacific region, announces that, in accorance with the terms of its share buyback programme announce on 2 August 2022, it has purchase the following number of orinary shares of 1630.001 each in the capital of the Company ("Orinary Shares") through Stifel Nicolaus Europe Limite ("Stifel"). The repurchase shares will be cancelle.

160

Date of purchase:

14 October 2022

Aggregate number of Orinary Shares purchase:

49,000

Lowest price pai per Orinary Share (pence per share):

71.00

Highest price pai per Orinary Share (pence per share):

71.20

Volume weighte average price pai per Orinary Share (pence per share):

71.10

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Following the cancellation of the repurchase shares, the Company will have no orinary shares in treasury an 46,270,916 Orinary Shares (excluing treasury shares) of 1630.001 par value each in issue. Therefore, the total voting rights in the Company will be 46,270,916.

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The figure of 46,270,916 may be use by shareholers as the enominator for the calculations by which they will etermine if they are require to notify their interest in, or a change to their interest in, the Company uner the FCA's Disclosure Guiance an Transparency Rules.

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In accorance with Article (1)(b) of Regulation (EU) No 96/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withrawal) Act 2018, the table below contains etaile information of the iniviual traes mae by Stifel as part of the buyback programme.

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Scheule of purchases:

160

Orinary Shares purchase:

Jaestone Energy plc (ISIN: GB00BLR71299)

Date of purchases:

14 October 2022

Investment firm:

Stifel Nicolaus Europe Limite

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Iniviual transactions:

160

Transaction ate an time

Number of shares purchase

Transaction price (pence per share)

Traing venue

14 October 2022, 09:02 AM

16010,000

71.00

LSE

14 October 2022, 04:06 PM

16026,000

71.10

LSE

14 October 2022, 04:11 PM

1603,000

71.10

LSE

14 October 2022, 04:37 PM

16010,000

71.20

LSE

160

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For further information, please contact:

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Jaestone Energy plc

Paul Blakeley, Presient an CEO

+6 6324 039 (Singapore)

Bert-Jaap Dijkstra, CFO

Phil Corbett, Investor Relations Manager

+44 7713 687467 (UK)

ir@jaestone-energy.com

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Stifel Nicolaus Europe Limite (Noma, Joint Broker)

+44 (0) 20 7710 7600 (UK)

Callum Stewart

Jason Grossman

Ashton Clanfiel

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Jefferies International Limite (Joint Broker)

+44 (0) 20 7029 8000 (UK)

Tony White

Will Soutar

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Camarco (Public Relations Avisor)

+44 (0) 203 77 4980 (UK)

Billy Clegg

jse@camarco.co.uk

Georgia Emons

Elfie Kent

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About Jaestone Energy

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Jaestone Energy plc is an inepenent oil an gas company focuse on the Asia-Pacific region. 160It has a balance, low risk, full cycle portfolio of evelopment, prouction an exploration assets in Australia, Malaysia, Inonesia an Vietnam.

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The Company has a 100% operate working interest in the Stag oilfiel an in the Montara project, both offshore Australia. Both the Stag an Montara assets inclue oil proucing fiels, with further evelopment an exploration potential. 160The Company also has interests in four oil proucing licences offshore Peninsula Malaysia two operate an two non-operate positions.160 Further, the Company has a 100% operate working interest in two gas evelopment blocks in Southwest Vietnam, an an operate 100% interest (assuming completion of the Hexino stake acquisition, as announce in November 2021) in the Lemang PSC, onshore Sumatra, Inonesia, which inclues the Akatara gas fiel.

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In aition, the Company has execute a sale an purchase agreement ("SPA") to acquire a 16.67% working interest in the North West Shelf Oil Project, offshore Western Australia, which is expecte to complete in the fourth quarter of 2022. The Company has also signe an SPA to acquire a 69% operate working interest in the Maari Project, shallow water offshore New Zealan, an is working with the seller to obtain final New Zealan government approvals.160 160160

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Le by an experience management team with a track recor of elivery, who were core to the successful growth of Talisman's business in Asia, the Company is pursuing an acquisition strategy focuse on growth an creating value through ientifying, acquiring, eveloping an operating assets in the Asia-Pacific region.

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Jaestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is liste on the AIM market of the Lonon Stock Exchange (AIM: JSE).160 The Company is heaquartere in Singapore.160 For further information on the Company please visit www.jaestone-energy.com.

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The information containe within this announcement is consiere to be insie information prior to its release, as efine in Article 7 of the Market Abuse Regulation No. 96/2014 which is part of UK law by virtue of the European Union (Withrawal) Act 2018.

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