16 Aug 2016 07:15
16 August 2016
RockRose Energy plc
Transfer of Shares
Andrew Austin, Chairman of RockRose Energy ("RockRose" or the "Company") is transferring 347,000 of his ordinary shares in RockRose to the Company's Employee Benefit Trust in order to incentivise future hires with no dilutive effect on the other shareholders. In addition, Andrew Austin is transferring 700,000 of his shares in RockRose into his SIPP. The transfers will take Andrew's beneficial holding from 2,342,002 (23.42%) to 1,995,002 (19.95%). For the avoidance of doubt the shares transferring to the SIPP (which is a transfer of merely legal and not beneficial interest) and to the Employee Benefit Trust are subject to the same lock-in conditions which apply to Andrew Austin's shares, as set out on page 62 of the Prospectus.
Ends
Enquiries:
RockRose Energy plc Andrew Austin, Executive Chairman
| +44 (0)20 3826 4800
|
Macquarie Capital (Europe) Limited Ken Fleming Nick Donovan
|
+44 (0)20 3037 2000
|
Financial PR Camarco Billy Clegg Georgia Mann
|
+44 (0) 20 3757 4980
|