Business
Investing policy implemented, trading restoration
Investing policy implemented, trading restoration.
About this update from Reabold Resources Plc
[{"type":"text","content":"\n \nRNS Number : 4463K Reabold Resources PLC 25 June 2014 \n \n\nFor immediate release 25 June 2014\n \nREABOLD RESOURCES PLC \n \n\"Reabold Resources\" or the \"Company\"\n \n \nImplementation of Investing Policy and Restoration of Trading\n \n \nFurther to the announcement of 23 June 2014, the Company has made the following investments:\n \n \n \n\n\n\n\nCompany\n\n\nNumber of Shares\n\n\nPurchase Price per Share (£)\n\n\nTotal amount (£)\n\n\nPut Strike Price\n(£)\n\n\nCall Strike Price\n(£)\n\n\n\n\nRio Tinto\n\n\n7,000\n\n\n31.045\n\n\n217,315\n\n\n29\n\n\n32\n\n\n\n\nBHP Billiton\n\n\n10,000\n\n\n19.3225\n\n\n193,225\n\n\n18.5\n\n\n19.5\n\n\n\n\nBP\n\n\n38,000\n\n\n5.25708\n\n\n199,769\n\n\n5\n\n\n5.4\n\n\n\n\n \n \nAs a result of the arrangements as set out above, and in the announcement of 23 June 2014 the Company has raised £875,000 in new equity and debt and will have made investments to a total value of £810,309. \n \nAccordingly the Company has implemented its investing policy, and restoration in trading in the Company's ordinary shares on AIM will take effect today at 07.30.\n \n \nFor further information please contact:\nReabold Resources plc\nJeremy Edelman +44 (0) 20 7460 2353\nAntony Samaha\n \nBeaumont Cornish Limited\nRoland Cornish &...