21 Feb 2019 07:00
Rockrose Energy plc ("Rockrose" or the "Company")
Awards under the Rockrose Share Incentive Plan and PDMR dealings
The Company announces that it received notification on 20 February 2019 from Equiniti Share Plan Trustees Limited (the "SIP Trustee") that the SIP Trustee, awarded 3,381 ordinary shares of nominal value 20p each in the capital of the Company ("Ordinary Shares") to participants in the Rockrose Share Incentive Plan (the "SIP"), including those Persons Discharging Managerial Responsibility (each a "PDMR") outlined below, at a price of 570.8333333 pence per share, being the price per share determined under the rules of the SIP.
The SIP award has been satisfied by the issue of 3,381 new Ordinary Shares (the "SIP Shares") to the SIP Trustee at a subscription price of nominal value 20p per share, being the nominal value of the Ordinary Shares. The SIP Shares shall rank equally with the existing issued Ordinary Shares. The SIP Shares will be allocated out of Ordinary Shares the subject of a block listing announced on 24 October 2018.
Each participating employee will acquire Ordinary Shares at market value using the contributions deducted from such employee's pre-tax salary ("Partnership Shares"), and each participating employee will be awarded two free Ordinary Shares for each Partnership Share ("Matching Shares"), paid for by the Company.
Details of the purchaser and awards under the SIP by PDMRs are set out below.
PDMR | Partnership Share allocation | Matching Share allocation | Resulting voting rights |
Andrew Austin | 79 | 158 | 237 |
Richard Benmore | 79 | 158 | 237 |
Peter Mann | 79 | 158 | 237 |
John Morrow | 79 | 158 | 237 |
Steve Pawson | 79 | 158 | 237 |
The issued share capital of the Company following the above detailed issue of SIP Shares will be 12,593,784 Ordinary Shares. The total number of voting rights in Rockrose will be 12,593,784, 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) Steve Pawson | ||||||||||||
2. | Reason for the notification | |||||||||||||
a) | Position / status | (i) Executive Chairman (ii) Non-Executive Director (iii) Non-Executive Director (iv) Managing Director (v) Finance Director | ||||||||||||
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 20p 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
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d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price | N/A
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f) | Date of the transaction | 20 February 2019 | ||||||||||||
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 / Henry Lerwill +44 (0)20 7520 9261
For further information, please visit the Company's website at www.rockroseenergy.com.