Exercise of Options

RNS Number : 4135T

Red Rock Resources plc

28 September 2010

 



RED ROCK RESOURCES PLC

Exercise of Options

Dated: 28 September 2010

Red Rock Resources PLC ("Red Rock" or the "Company") has been notified of the exercise by Andrew Bell on 25 September of 1,400,000 options to subscribe for Ordinary Shares in the Company at a price of 1.25 pence per share ("Ordinary Shares"). As a result of this exercise of options, Andrew Bell holds 1,700,000 Ordinary Shares in the Company.

In addition to his interests in the Ordinary Share Capital of the Company stated above, Mr Bell remains interested in the following options to subscribe for the Company's Ordinary Shares.

	Number of Options	Expiry Date	Exercise Price
Andrew Bell	10,000,000	3 June 2014	1.1 pence
	1,600,000	31 May 2011	1.25 pence
	750,000	11 May 2012	3.5 pence
	3,250,000	22 Sept 2015	3.2 pence

Application will been made for the New Ordinary Shares, which rank pari passu with the Company's existing issued ordinary share capital, to be admitted to trading on AIM. It is expected that the admission of the New Ordinary Shares to trading on AIM  will occur on Monday 4 October 2010.

Following the issue and allotment of the new Ordinary Shares, the Company will have 643,388,780 ordinary shares in issue.

Enquiries:

Andrew Bell	0207 402 4580 or 07766 474849	Red Rock Resources plc	Chairman
Sandra Spencer	0207 402 4580 or 07757 660 798	Red Rock Resources plc	Public and Investor Relations
Peter Trevelyan-Clark/ Ben Jeynes	020 7444 0800	Religare Capital Markets	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker

Updates on the Company's activities are regularly posted on its website, www.rrrplc.com.

 

END

 

 

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