Director Share Purchases

RNS Number : 2882P
Rockhopper Exploration plc
08 June 2020
 

8 June 2020

 

Rockhopper Exploration plc

("Rockhopper" or the "Company")

 

Director Share Purchases

 

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, announces that, on 5 June 2020, the Company's non-executive directors purchased, in aggregate, 292,744 ordinary shares of £0.01 each in the Company in line with their commitment, as announced on 19 May 2020, that 20 per cent of their fees, after tax and national insurance, will be used to purchase shares in the Company.

 

A summary of the purchases appears below: 

 

Director

Price (pence)

Number of shares purchased

Total number of shares held following purchases

% of issued share capital following purchases

Keith Lough (Chairman)

 

£0.0808

148,515

228,515

0.05

Alison Baker (Senior Independent Director)

£0.0885

70,000

  70,000

0.02

John Summers (Non-Executive Director)

£0.0808

74,229

318,329

0.07

 

  Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014 in relation to the acquisition of Shares by certain Directors in their capacity as persons discharging managerial responsibilities (PDMRs): 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Keith Lough

2

Reason for the notification

a)

Position/status

Chairman

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 Shares 

c)

Price(s) and volume(s)

 

Date of transaction: 5 June 2020

Price: £0.0808

Volume: 148,515

d)

Aggregated information

 

Date of transaction: 5 June 2020

Aggregated volume: 148,515

Price: £12,000.01

e)

Date of the transaction

5 June 2020

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alison Baker

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 Shares 

c)

Price(s) and volume(s)

 

Date of transaction: 5 June 2020

Price: £0.0885

Volume: 70,000

d)

Aggregated information

 

Date of transaction: 5 June 2020

Aggregated volume: 70,000

Price: £6,195.00

e)

Date of the transaction

5 June 2020

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 John Summers  

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 Shares 

c)

Price(s) and volume(s)

 

Date of transaction: 5 June 2020

Price: £0.0808

Volume: 74,229

d)

Aggregated information

 

Date of transaction: 5 June 2020

Aggregated volume: 74,229

Price: £5,997.70

e)

Date of the transaction

5 June 2020

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

Enquiries:

 

Rockhopper Exploration plc

Sam Moody - Chief Executive Officer

Stewart MacDonald - Chief Financial Officer

Tel. +44 (0) 20 7390 0234 (via Vigo Communications)

 

Canaccord Genuity Limited (NOMAD and Joint Broker)

Henry Fitzgerald-O'Connor/James Asensio

Tel. +44 (0) 20 7523 8000

 

Peel Hunt LLP (Joint Broker)

Richard Crichton

Tel. +44 (0) 20 7418 8900

 

Vigo Communications

Patrick d'Ancona/Ben Simons

Tel. +44 (0) 20 7390 0234

 


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