Director/PDMR Shareholding and Total Voting Rights

RNS Number : 3650M
Rockhopper Exploration plc
27 July 2017
 

27 July 2017

Rockhopper Exploration plc

("Rockhopper" or the "Company")

 

Director/PDMR Shareholding, Total Voting Rights and Blocklisting Application

 

Share Incentive Plan

 

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with interests in the North Falkland Basin and the Greater Mediterranean region, provides the following update regarding the Rockhopper Share Incentive Plan ("SIP"). The Directors named below have acquired a further interest in Ordinary Shares of 1 pence each in the Company as a result of their participation in the SIP in July 2017. The Partnership Shares were acquired using cash contributed by the Directors.

 

Director

Number of Partnership Shares acquired

Number of Matching Shares acquired

Price per Share

Date of Transaction

Sam Moody

732

1464

£0.205

26 July 2017

Stewart MacDonald

732

1464

£0.205

26 July 2017

 

Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014 in relation to participation in the Company's SIP by Directors in their capacity as persons discharging managerial responsibilities (PDMRs) for the month of July 2017:

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Samuel Moody

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rockhopper Exploration plc

b)

LEI

213800IPXW6XRLVCL581

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

 

Identification code

Ordinary Shares of 1 pence each

 

 

GB00BOFVQX23

b)

Nature of the transaction

Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan

c)

Price(s) and volume(s)

 

Date of transaction: 26 July 2017

Price: £0.205

Volume:

Partnership Shares: 732

Matching Shares: 1464

d)

Aggregated information

 

Date of transaction: 26 July 2017

Aggregated volume: 2196

Price: £0.205

e)

Date of the transaction

26 July 2017

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Stewart MacDonald

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rockhopper Exploration plc

b)

LEI

213800IPXW6XRLVCL581

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

 

Identification code

Ordinary Shares of 1 pence each

 

 

GB00BOFVQX23

b)

Nature of the transactions

Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan

c)

Price(s) and volume(s)

 

Date of transaction: 26 July 2017

Price: £0.205

Volume:

Partnership Shares: 732

Matching Shares: 1464

d)

Aggregated information

 

Date of transaction: 26 July 2017

Aggregated volume: 2196

Price: £0.205

e)

Date of the transactions

26 July 2017

f)

Place of the transactions

Outside a trading venue

 

 

Total Voting Rights

 

In respect of the month of July 2017, the Company has on 26 July 2017 issued 27,084 new ordinary shares as part of the Company's Share Incentive Plan ("SIP").

 

In conformity with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company confirms that, as at 26 July 2017, the issued ordinary share capital of the Company consisted of 456,992,042 shares with voting rights attached (one vote per ordinary share).

 

The Company does not hold any shares in Treasury at the date of this disclosure. The issued share capital figure can be used by shareholders as the denominator for the calculations by which to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

The issue of shares under the SIP has been made under the Company's existing block listing entitlement.

 

 

 

 

 

 

 

Blocklisting Application

 

The Company has in place a blocklisting for the allotment of new shares under the Company's SIP. In order to provide for the anticipated issue of shares under the SIP for the remainder of the current tax year, the Company has applied for a further 500,000 ordinary shares to be blocklisted (the "Blocklisting Shares").


The Company's HMRC approved SIP has been in place since March 2012 and is made available to all employees of the Company including executive Directors who are entitled to participate on an equal basis subject to HMRC limits. Participants can purchase shares in the Company on a monthly basis and receive matching awards of shares and all employees and executive Directors are eligible to receive an annual award of free shares, the level of which is determined by the Company's Remuneration Committee.


The Blocklisting Shares are expected to be admitted to trading on AIM on 2 August 2017.



Enquiries:

 

Rockhopper Exploration plc

Jan Davies, Company Secretary

Tel. +44 (0) 20 7830 9700 (via Vigo Communications)

 

Canaccord Genuity Limited

Henry Fitzgerald-O'Connor

Tel. +44 (0) 20 7523 8000

 

Vigo Communications

Patrick d'Ancona

Ben Simons

Tel. +44 (0) 20 7830 9700

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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