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72.20    -2.00 (-2.70%)
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Spread: 1.20 (1.678%)
Market Cap: £620.33m
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Blocklisting Application

24 Jan 2019 07:00

RNS Number : 9406N
Rockhopper Exploration plc
24 January 2019
 

24 January 2019

Rockhopper Exploration plc("Rockhopper" or the "Company")

Blocklisting Application

Rockhopper Exploration plc (AIM: RKH), the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, announces that, in order to provide for the anticipated issue of shares under the Company's Share Incentive Plan ("SIP") for the remainder of the current tax year and for the 2019/2020 tax year, the Company has applied for a further 500,000 ordinary shares to be blocklisted (the "Blocklisting Shares").

The Company's HMRC approved SIP was launched in March 2012 and is made available to all employees of the Company including executive Directors who are entitled to participate on an equal basis subject to HMRC limits. Participants can purchase shares in the Company on a monthly basis and receive matching awards of shares and all employees and executive Directors are eligible to receive an annual award of free shares, the level of which is determined by the Company's Remuneration Committee.

The Company has applied for the Blocklisting Shares to be admitted to trading on AIM and this is expected take place on 29 January 2019.

 

Enquiries:

 

Rockhopper Exploration plc

Jan Davies, Company Secretary

Tel. +44 (0) 20 7390 0234 (via Vigo Communications)

 

Canaccord Genuity Limited (NOMAD and Joint Broker)

Henry Fitzgerald-O'Connor

James Asensio

Tel. +44 (0) 20 7523 8000

 

Peel Hunt LLP (Joint Broker)

Richard Crichton

Tel. +44 (0) 20 7418 8900

 

 Vigo Communications

Patrick d'Ancona

Ben Simons

Tel. +44 (0) 20 7390 0234

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 rns@lseg.com or visit www.rns.com.
 
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