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RockRose Energy plc - Awards under Share Incentive Plan & PDMR dealings

RNS Number : 3441M
RockRose Energy plc
11 May 2020
 

11 May 2020

Rockrose Energy plc

("Rockrose" or the "Company")

Awards under the Rockrose Share Incentive Plan and PDMR dealings

The Company announces that it received an application on 7 May 2020 from Equiniti Share Plan Trustees Limited (the "SIP Trustee") in relation to the allotment of 1,741 ordinary shares of nominal value 20 pence each in the capital of the Company ("Ordinary Shares") for the benefit of participants in the Rockrose Share Incentive Plan (the "SIP"), including those Persons Discharging Managerial Responsibility of the Company (each, a "PDMR") outlined below in accordance with the rules of the SIP (the "SIP Shares").

The SIP Shares have been satisfied by the issue of 1,741 new Ordinary Shares to the SIP Trustee. The SIP Shares shall rank equally with the existing issued Ordinary Shares. The SIP Shares shall be allocated out of Ordinary Shares the subject of a block listing the subject of a block listing, the most recent six-monthly return in respect of which was announced on 7 May 2020.

Each participating employee will acquire Ordinary Shares at a price of 20 pence per share using the cash dividends arising from the participating employee's shares held under the SIP ("Dividend Shares").

Details of the Dividend Shares allotted to PDMRs under the SIP are set out below.  

Name of PDMR

Dividend Share allocation

Resulting voting rights

Andrew Austin

94

94

Richard Benmore

94

94

Peter Mann

94

94

John Morrow

94

94

Richard Slape

4

4

The issued share capital of the Company following the above detailed issue of SIP Shares will be 13,131,582 Ordinary Shares. The total number of voting rights in Rockrose will be 13,131,582, which should be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in Rockrose under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014:

1.

Details of PDMR / person closely associated

a)

Name

(i)          Andrew Austin

(ii)         Richard Benmore

(iii)        John Morrow

(iv)        Peter Mann

(v)        Richard Slape

2.

Reason for the notification

a)

Position / status

(i)          Executive Chairman

(ii)         Non-Executive Director

(iii)        Non-Executive Director

(iv)        Managing Director

(v)          Chief Financial Officer

b)

Initial notification /amendment

Initial notification

3.

Details of the issuer

a)

Name

Rockrose Energy plc

b)

LEI

213800W3DXD7SNOYGG30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Ordinary Shares of nominal value 20 pence each

b)

Identification code of the Financial Instrument

ISIN for Rockrose Energy plc: GB00BYNFCH09

c)

Nature of the transaction

Acquisition of Ordinary Shares in Rockrose Energy plc as under SIP by the SIP Trustee pursuant to the SIP

 

d)

Price(s) and volume(s)

Price(s)

Volume(s)

i.    852.666667p

 

94

ii.   852.666667p

 

94

iii.  852.666667p

 

94

iv.  852.666667p

 

94

v.   852.666667p

 

4

 

e)

Aggregated information

-     Aggregated volume

-     Price

N/A

 

 

f)

Date of the transaction

7 May 2020

g)

Place of the transaction

XLON  

 

 

Enquiries

Rockrose Energy plc                                      +44 (0)20 3826 4800

 

Broker:

Hannam & Partners (Advisory) LLP

Giles Fitzpatrick / Andrew Chubb                    +44 (0)20 7907 8500

 

Financial PR:

Celicourt

Mark Antelme / Philip Dennis / Ollie Mills      +44 (0)20 8434 2643

 

 

For further information, please visit the Company's website at www.rockroseenergy.com.

 

 

 

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: RockRose Energy PLC

Price: 1130

Market: LSE
Market Cap: £148.19 m
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