17 Oct 2022 07:00
RNS Number : 0163D Trinity Exploration Prouction 17 October 2022 160160
This announcement contains insie information as stipulate uner the UK version of the Market Abuse Regulation No 96/2014 which is part of English Law by virtue of the European (Withrawal) Act 2018, as amene.160 On publication of this announcement via a Regulatory Information Service, this information is consiere to be in the public omain.
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17 October 2022
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Trinity Exploration Prouction plc
("Trinity" or "the Group" or "the Company")
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Transaction in Own Shares
Trinity Exploration Prouction plc (AIM: TRIN), the inepenent EP company focuse on Trinia an Tobago, announces that on 14 October 2022 it purchase 37,000 of its orinary shares of USD 0.01 each ("Orinary Shares"), at an average price of 139 pence per Orinary Share, pursuant to instructions issue by Trinity as part of its share buyback programme, as announce on 20 September 2022.
Aggregate information on Orinary Shares purchase accoring to traing value
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To ate, Trinity has purchase 61,000 Orinary Shares in aggregate in connection with this share buyback programme. Trinity intens to hol the purchase Orinary Shares in treasury.
Transaction etails
In accorance with Article (1)(b) of the Market Abuse Regulation (EU) No 96/2014, as it forms part of Retaine EU Law as efine in the European Union (Withrawal) Act 2018, a full breakown of the iniviual purchases of Orinary Shares mae by Cenkos, on behalf of the Company as part of the share buy-back programme, is etaile below.
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Company shareholing in treasury an Total Voting Rights
Following the above transaction, Trinity hols 61,000 of its Orinary Shares in treasury an has 39,884,637 Orinary Shares in issue (incluing treasury shares). 160Therefore, the total voting rights in the Company will be 39,269,637. 160This figure for the total number of voting rights may be use by shareholers (an others with notification obligations) as the enominator for the calculation 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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Enquiries:
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About Trinity (www.trinityexploration.com)
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Trinity is an inepenent oil prouction company focuse solely on Trinia an Tobago.160 Trinity operates proucing an evelopment assets both onshore an offshore, in the shallow water West an East Coasts of Trinia. Trinity's portfolio inclues current prouction, significant near-term prouction growth opportunities from low-risk evelopments an multiple exploration prospects with the potential to eliver meaningful reserves/resources growth.160 The Company operates all of its ten licences an, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the en of 2021 was 19.73 mmbbls. Group 2C contingent resources are estimate to be 47.22 mmbbls. The Group's overall 2P plus 2C volumes are therefore 66.9 mmbbls.
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Trinity is quote on AIM, a market operate an regulate by the Lonon Stock Exchange Plc, uner the ticker TRIN.
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Trinity (TRIN)