Trinity Exploration & Production Transfer of Shares Held in Treasury and TVR (7978M)
September 18 2023 - 8:12AM
UK Regulatory
TIDMTRIN
RNS Number : 7978M
Trinity Exploration & Production
18 September 2023
18 September 2023
Trinity Exploration & Production plc
("Trinity" or "the Group" or "the Company")
Transfer of Shares Held in Treasury and Total Voting Rights
Trinity Exploration & Production plc (AIM: TRIN), the
independent E&P company focused on Trinidad and Tobago ,
announces that to satisfy LTIP Awards, 448,431 Ordinary Shares that
were held in Treasury have been transferred to the Company's
Employee Benefit Trust.
Treasury Shares and Total Voting Rights
Following the above transaction, Trinity holds 1,100,569 of its
Ordinary Shares in treasury and has 39,899,813 Ordinary Shares in
issue (including Treasury Shares). Therefore, the total voting
rights in the Company is 38,799,244.
This above figure of 38,799,244 is the total number of voting
rights and may be used by shareholders (and others with
notification obligations) as the denominator for the calculation by
which they determine if they are required to notify their interest
in, or a change to their interest in, the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
Enquiries:
Trinity Exploration & Production plc Via Vigo Consulting
Nick Clayton, Non- Executive Chairman
Jeremy Bridglalsingh, Chief Executive Officer
Julian Kennedy, Chief Financial Officer
SPARK Advisory Partners Limited
(Nominated Adviser and Financial Adviser)
Mark Brady
James Keeshan +44 (0)20 3368 3550
Cavendish Securities plc (Broker)
Leif Powis +44 (0)20 7397 8900
Neil McDonald +44 (0)131 220 6939
Vigo Consulting Limited trinity@vigoconsulting.com
Finlay Thomson / Patrick d'Ancona +44 (0)20 739 0 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 2022 was 17.96 mmbbls. Group 2C contingent resources
are estimated to be 48.88 mmbbls. The Group's overall 2P plus 2C
volumes are therefore 66.84 mmbbls.
Trinity is quoted on AIM, a market operated and regulated by the
London Stock Exchange Plc, under the ticker TRIN.
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END
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