Last checked at 16 Jan 2023 17:00
Trinity Exploration & Production plc
('Trinity' or the 'Company' or the 'Group')
Block Listing Return
Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, 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 Trinity Exploration & Production plc Long Term Incentive Plan.
Name of applicant: | Trinity Exploration & Production plc | |||
Name of scheme: | Trinity's Long Term Incentive Plan | |||
Period of return: | From: | 16 July 2022 | To: | 15 January 2023 |
Balance of unallotted securities under scheme(s) from previous return: | 2,961,170 ordinary shares of USD 0.01 each in the Company
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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): | None
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Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G): | 852,014 ordinary shares of USD 0.01 each in the Company
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Equals: Balance under scheme(s) not yet issued/allotted at end of period: | 2,109,156 ordinary shares of USD 0.01 each in the Company
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Name of contact: | AMBA Secretaries Limited (Company Secretary) |
Telephone number of contact: | 44 (0) 20 7487 7300 |
Enquiries:
Trinity Exploration & Production plc Nick Clayton, Non- Executive Chairman Jeremy Bridglalsingh, Chief Executive Officer Julian Kennedy, Chief Financial Officer
| Via Vigo Consulting |
SPARK Advisory Partners Limited (Nominated Adviser and Financial Adviser) Mark Brady James Keeshan
| +44 (0)20 3368 3550 |
Cenkos Securities PLC (Broker) Leif Powis Neil McDonald
| +44 (0)20 7397 8900 +44 (0)131 220 6939 |
Vigo Consulting Limited Finlay Thomson / Patrick d'Ancona
| trinity@vigoconsulting.com +44 (0)20 7390 0230 |
About Trinity (www.trinityexploration.com)
Trinity is an independent oil production company focused solely on Trinidad and Tobago. Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low-risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth. The Company operates all of its ten licences and, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the end of 2021 was 19.73 mmbbls. Group 2C contingent resources are estimated to be 47.22 mmbbls. The Group's overall 2P plus 2C volumes are therefore 66.95 mmbbls.
Trinity is quoted on AIM, a market operated and regulated by the London Stock Exchange Plc, under the ticker TRIN.