1 Oct 2015 09:45
1 October 2015
ROCKHOPPER EXPLORATION PLC (The 'Company')
Blocklisting Interim Update
The Company provides the following updates in accordance with Schedule Six of the AIM Rules for Companies regarding its existing block listing arrangements.
1. Share incentive plan
Name of company | Rockhopper Exploration PLC |
Name of scheme | The Company's Share Incentive Plan |
Period of return (from/ to) | 29 March 2015 to 28 September 2015 |
Number and Class of Securities not issued at the start of the period under the scheme | 321,690 Ordinary Shares |
Plus: The amount for which a blocklisting application has been made since the last date of return | 0 Ordinary Shares |
Less: Number of securities issued under the scheme during the period | 66,102 Ordinary Shares |
Equals: Balance under the scheme of securities not yet issued at the end of the period | 255,588 Ordinary Shares |
Number and class of securities originally admitted and the date of admission | 40,000 Ordinary Shares admitted on 29 March 2012 90,000 Ordinary Shares admitted on 3 May 2013 150,000 Ordinary Shares admitted on 2 April 2014 350,000 Ordinary Shares admitted on 3 February 2015 |
2. Falkland Islands options
Name of company | Rockhopper Exploration PLC |
Name of scheme | Options over Ordinary Shares that were granted under the 10 May 2005 scheme to Falklands Conservation and various persons associated with businesses in the Falkland Islands (the 'Falklands Scheme') |
Period of return (from/ to) | 31 January 2015 to 30 September 2015 |
Number and Class of Securities not issued at the start of the period under the scheme | 13,368 Ordinary Shares |
Plus: The amount for which a blocklisting application has been made since the last date of return | 0 Ordinary Shares |
Less: Number of securities issued under the scheme during the period | 7,920 Ordinary Shares |
Equals: Balance under the scheme of securities not yet issued at the end of the period | 5,448 Ordinary Shares |
Number and class of securities originally admitted and the date of admission | 50,000 Ordinary Shares admitted on 3 February 2010 |
As at 30 September 2015, 5,448 options under this scheme remained unexercised and duly expired under the terms of the scheme. Accordingly 5,448 of the 50,000 ordinary shares originally blocklisted will never be issued and the Company is requesting the termination of the remaining headroom and closing of the blocklisting.
Enquiries:
Rockhopper Exploration plc | via Vigo Communications - 020 7016 9571 | |
Jan Davies, Company Secretary | ||
Canaccord Genuity Limited, Nomad and Joint broker | 020 7523 8000 | |
Henry Fitzgerald-O'Connor | ||
Vigo Communications, PR adviser to Rockhopper | 020 7016 9571 | |
Peter Reilly |
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Rockhopper (RKH)