21 November 2019
Rockrose Energy plc
("Rockrose" or the "Company")
Awards under the Rockrose Share Incentive Plan and PDMR dealings
The Company announces that it received an application on 20 November 2019 from Equiniti Share Plan Trustees Limited (the "SIP Trustee") in relation to the allotment of 14,064 ordinary shares of nominal value 20 pence each in the capital of the Company ("Ordinary Shares") for the benefit of participants in the Rockrose Share Incentive Plan (the "SIP"), including those Persons Discharging Managerial Responsibility of the Company (each, a "PDMR") outlined below in accordance with the rules of the SIP (the "SIP Award").
The SIP Award has been satisfied by the issue of 14,064 new Ordinary Shares (the "SIP Shares") to the SIP Trustee. The SIP Shares shall rank equally with the existing issued Ordinary Shares. The SIP Shares shall be allocated out of Ordinary Shares the subject of a block listing, the most recent six monthly return in respect of which was announced on 28 October 2019.
Each participating employee will acquire Ordinary Shares at a price of 1748.333333 pence per share (determined in accordance with the calculation formula set out in the rules of the SIP) using the contributions deducted from such employee's pre-tax salary ("Partnership Shares"), and each participating employee will be awarded two free Ordinary Shares for each Partnership Share ("Matching Shares"), paid for by the Company.
Details of the Partnership Shares and Matching Shares allotted to PDMRs under the SIP are set out below.
|
Name of PDMR |
Partnership Share allocation |
Matching Share allocation |
Resulting voting rights |
|
Andrew Austin |
25 |
50 |
75 |
|
Richard Benmore |
25 |
50 |
75 |
|
Peter Mann |
25 |
50 |
75 |
|
John Morrow |
25 |
50 |
75 |
|
Richard Slape |
25 |
50 |
75 |
The issued share capital of the Company following the above detailed issue of SIP Shares will be 13,114,387 Ordinary Shares. The total number of voting rights in Rockrose will be 13,114,387, which should be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in Rockrose under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014:
|
1. |
Details of PDMR / person closely associated |
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|
a) |
Name |
(i) Andrew Austin (ii) Richard Benmore (iii) John Morrow (iv) Peter Mann (v) Richard Slape |
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|
2. |
Reason for the notification |
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|
a) |
Position / status |
(i) Executive Chairman (ii) Non-Executive Director (iii) Non-Executive Director (iv) Managing Director (v) Chief Financial Officer |
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|
b) |
Initial notification /amendment |
Initial notification |
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|
3. |
Details of the issuer |
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|
a) |
Name |
Rockrose Energy plc |
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|
b) |
LEI |
213800W3DXD7SNOYGG30 |
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|
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 |
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|
a) |
Description of the financial instrument |
Ordinary Shares of nominal value 20 pence each |
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|
b) |
Identification code of the Financial Instrument |
ISIN for Rockrose Energy plc: GB00BYNFCH09 |
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|
c) |
Nature of the transaction |
Acquisition of Ordinary Shares in Rockrose Energy plc as under SIP by the SIP Trustee pursuant to the SIP
|
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|
d) |
Price(s) and volume(s) |
|
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|
e) |
Aggregated information - Aggregated volume - Price |
N/A
|
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|
f) |
Date of the transaction |
20 November 2019 |
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|
g) |
Place of the transaction |
XLON |
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Enquiries
Rockrose Energy plc +44 (0)20 3826 4800
Broker:
Hannam & Partners (Advisory) LLP
Giles Fitzpatrick / Andrew Chubb +44 (0)20 7907 8500
Financial PR:
Celicourt
Mark Antelme / Philip Dennis / Ollie Mills +44 (0)20 8434 2643
For further information, please visit the Company's website at www.rockroseenergy.com.
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