24 Oct 2018 07:00
Rockrose Energy plc ("Rockrose" or the "Company")
Awards under the Rockrose Share Incentive plan, option grants and PDMR dealings
The Company announces that it received notification on 22 October 2018 from Equiniti Share Plan Trustees Limited (the "SIP Trustees") that the SIP Trustees, awarded 1,200 ordinary shares of nominal value 20p each in the Company ("Ordinary Shares") to participants in the Rockrose Energy plc Share Incentive Plan (the "SIP") at a price of 528.33 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 1,200 new Ordinary Shares to the SIP Trustee at a subscription price of nominal value 20p per share, being the nominal value of the shares. The SIP Shares shall rank equally with the existing issued shares of the Company. The SIP Shares will be allocated out of shares the subject of a block listing announced on 23 April 2018.
Each participating employee will receive an allocation of Partnership Shares (being shares acquired at market value using contributions deducted from employees' pre-tax salaries; "Partnership Shares"), Matching Shares (being ordinary shares of twice the number of Partnership Shares acquired by an employee which are paid for by the Company; "Matching Shares") and Free Shares (being ordinary shares to a value not exceeding £3,600 in the current tax year, which are paid for by the Company; "Free Shares").
Details of the purchaser and awards under the SIP by Persons Discharging Managerial Responsibility ("PDMR") are set out below.
PDMR | Share subscription under the SIP | Matching Allocation | Resulting Voting Rights |
Andrew Austin | 28 | 56 | 84 |
Richard Benmore | 28 | 56 | 84 |
Peter Mann | 28 | 56 | 84 |
John Morrow | 28 | 56 | 84 |
Steve Pawson | 28 | 56 | 84 |
The issued share capital of the Company following the above detailed issue of shares will be 15,361,510 Ordinary Shares. The total number of voting rights in Rockrose will be 15,361,510 Ordinary Shares, which should be used by 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 Energy plc under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The information set out below is provided in accordance with the requirements of Regulation 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 Trustees 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 | 23 October 2018 | ||||||||||||
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.