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Rockhopper Exp plc (RKH)

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Friday 27 March, 2020

Rockhopper Exp plc

Director/PDMR Shareholding

RNS Number : 9473H
Rockhopper Exploration plc
27 March 2020
 

27 March 2020  

Rockhopper Exploration plc

("Rockhopper" or the "Company")

 

Director/PDMR Shareholding, Total Voting Rights and Blocklisting Interim Update

 

Share Incentive Plan

 

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, 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 March 2020. 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

Samuel Moody

2174

4348

£0.069

26 March 2020

Stewart MacDonald

2174

4348

£0.069

26 March 2020

 

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 March 2020:

 

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 March 2020

Price: £0.069

Volume:

Partnership Shares: 2174

Matching Shares: 4348

d)

Aggregated information

 

Date of transaction: 26 March 2020

Aggregated volume: 6522

Price: £0.069

e)

Date of the transaction

26 March 2020

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 March 2020

Price: £0.069

Volume:

Partnership Shares: 2174

Matching Shares: 4348

d)

Aggregated information

 

Date of transaction: 26 March 2020

Aggregated volume: 6522

Price: £0.069

e)

Date of the transactions

26 March 2020

f)

Place of the transactions

Outside a trading venue

 

 

Total Voting Rights

 

In respect of the month of March 2020, the Company has on 26 March 2020 issued 78,273 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 March 2020, the issued ordinary share capital of the Company consisted of 458,316,856 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 entitlements.

 

Blocklisting Interim Update

The Company provides the following update in accordance with Schedule Six of the AIM Rules for Companies regarding its existing block listing arrangements.

Name of company

Rockhopper Exploration PLC

Name of scheme

The Company's Share Incentive Plan

Period of return (from/ to)

29 September 2019 to 28 March 2020

Number and Class of Securities not issued at the start of the period under the scheme

136,304 Ordinary Shares

Plus: The amount for which a blocklisting application has been made since the last date of return

500,000 Ordinary Shares 

Less: Number of securities issued under the scheme during the period

 437,577 Ordinary Shares

Equals: Balance under the scheme of securities not yet issued at the end of the period

 198,727 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

550,000 Ordinary Shares admitted on 26 February 2016

500,000 Ordinary Shares admitted on 2 August 2017

500,000 Ordinary Shares admitted on 29 January 2019

500,000 Ordinary Shares admitted on 28 January 2020

 

Enquiries:

 

Rockhopper Exploration plc

Jan Davies, Company Secretary

Tel. +44 (0) 20 7390 0230 (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 0231

 

 

 

 

 

 

 

 

 

 

 


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