Last checked at 8 Jun 2020 12:41
8 June 2020
Rockhopper Exploration plc
("Rockhopper" or the "Company")
Director Share Purchases
Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, announces that, on 5 June 2020, the Company's non-executive directors purchased, in aggregate, 292,744 ordinary shares of £0.01 each in the Company in line with their commitment, as announced on 19 May 2020, that 20 per cent of their fees, after tax and national insurance, will be used to purchase shares in the Company.
A summary of the purchases appears below:
Director | Price (pence) | Number of shares purchased | Total number of shares held following purchases | % of issued share capital following purchases |
Keith Lough (Chairman)
| £0.0808 | 148,515 | 228,515 | 0.05 |
Alison Baker (Senior Independent Director) | £0.0885 | 70,000 | 70,000 | 0.02 |
John Summers (Non-Executive Director) | £0.0808 | 74,229 | 318,329 | 0.07 |
Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014 in relation to the acquisition of Shares by certain Directors in their capacity as persons discharging managerial responsibilities (PDMRs):
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Keith Lough |
2 | Reason for the notification | |
a) | Position/status | Chairman |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Rockhopper Exploration plc |
b) | LEI | 213800IPXW6XRLVCL581 |
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, type of instrument
Identification code | Ordinary Shares of 1 pence each
GB00BOFVQX23 |
b) | Nature of the transaction | Acquisition of Shares |
c) | Price(s) and volume(s)
| Date of transaction: 5 June 2020 Price: £0.0808 Volume: 148,515 |
d) | Aggregated information
| Date of transaction: 5 June 2020 Aggregated volume: 148,515 Price: £12,000.01 |
e) | Date of the transaction | 5 June 2020 |
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Alison Baker |
2 | Reason for the notification | |
a) | Position/status | Non-Executive Director |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Rockhopper Exploration plc |
b) | LEI | 213800IPXW6XRLVCL581 |
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, type of instrument
Identification code | Ordinary Shares of 1 pence each
GB00BOFVQX23 |
b) | Nature of the transaction | Acquisition of Shares |
c) | Price(s) and volume(s)
| Date of transaction: 5 June 2020 Price: £0.0885 Volume: 70,000 |
d) | Aggregated information
| Date of transaction: 5 June 2020 Aggregated volume: 70,000 Price: £6,195.00 |
e) | Date of the transaction | 5 June 2020 |
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | John Summers |
2 | Reason for the notification | |
a) | Position/status | Non-Executive Director |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Rockhopper Exploration plc |
b) | LEI | 213800IPXW6XRLVCL581 |
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, type of instrument
Identification code | Ordinary Shares of 1 pence each
GB00BOFVQX23 |
b) | Nature of the transaction | Acquisition of Shares |
c) | Price(s) and volume(s)
| Date of transaction: 5 June 2020 Price: £0.0808 Volume: 74,229 |
d) | Aggregated information
| Date of transaction: 5 June 2020 Aggregated volume: 74,229 Price: £5,997.70 |
e) | Date of the transaction | 5 June 2020 |
f) | Place of the transaction | London Stock Exchange (XLON) |
Enquiries:
Rockhopper Exploration plc
Sam Moody - Chief Executive Officer
Stewart MacDonald - Chief Financial Officer
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