Last checked at 2 Sep 2020 16:35
Red Rock Resources Plc
("Red Rock" or the "Company")
Performance Option Award Update
2 September 2020
Red Rock Resources Plc, the natural resource development Company, further updates that performance options to key staff, announced on 24 August 2020, have been allocated to Rasa Vaitkute, Corporate Affairs Manager as specified below.
Tranche 1 | Tranche 2 | |
Rasa Vaitkute | 1,250,000 | 1,250,000 |
Vesting date: | On issue | On issue |
Exercise price: | 2p | 2.5p |
Expiry date: | 19.08.2025 | 19.08.2025 |
Each option entitles the holder upon exercise to one ordinary share of 0.01p in the capital of the Company ("Ordinary Shares").
For further information, please contact:
Andrew Bell 0207 747 9990 Chairman Red Rock Resources Plc
Scott Kaintz 0207 747 9990 Director Red Rock Resources Plc
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Mark Treharne 0203 700 2500 Broker Pello Capital Ltd
The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||||
a)
| Name
| 1. Rasa Vaitkute
| ||||||||
2
| Reason for the notification
| |||||||||
a)
| Position/status
| 1. Corporate Affairs Manager
| ||||||||
b)
| Initial notification /Amendment
| Initial Notification | ||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||
a)
| Name
| Red Rock Resources Plc | ||||||||
b)
| LEI
| 213800383CFWX3U42W09 | ||||||||
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 | Ordinary Shares of £0.0001 each | ||||||||
Identification code | ISIN: GB00BYWKBV38 | |||||||||
b)
| Nature of the transaction
| Issue of Performance Options to buy Shares of 0.01p | ||||||||
c)
| Price(s) and volume(s) |
| ||||||||
d)
| Aggregated information | NA (single transaction for each PDMR) | ||||||||
- Aggregated volume | NA | |||||||||
- Price | NA | |||||||||
e)
| Date of the transaction
| 2 September 2020 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||