REG - Red Rock Resources - Issue of Equity, Director/PDMR Holdings, TVR
06/05/2022 16:15
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RNS Number : 6695K Red Rock Resources plc 06 May 2022
Red Rock Resources Plc
("Red Rock" or the "Company")
Issue of Shares under Share Incentive Plan and Directors' Dealings
6 May 2022
Red Rock Resources Plc, the natural resource development company focussed on
gold, with developing interests in copper, cobalt, and other minerals,
announces that on 5 May 2022, the Board of Directors approved the issuance of
5,038,253 ordinary shares of £0.0001 each in the Company ("New Ordinary
Shares") under the Company's Share Incentive Plan ("SIP") for the 2021/22 tax
year as agreed by the Trustees in their meeting held on 1 April 2022.
Directors' Participation
Directors participated in the shares purchase and award of 7,189,829 the New
Ordinary Shares under the SIP in respect of the 2021/22 tax year, the details
of which have been included in the table below, which sets out the total
shareholding and interests of the Directors in the enlarged share capital of
the Company.
There were 3,845,692 unallocated pool shares in the SIP, which have been
utilised partially to cover the total allocations under the SIP, therefore,
reducing the required amount of new shares to be issued to 5,038,253.
Directors New Ordinary Shares Ordinary Shares Post Issuance Total Shares % of Enlarged Issued Share Capital Options Warrants
Direct Indirect*
Andrew R M Bell 2,117,645 34,316,883 17,514,132 51,831,015 4.22 % 25,880,000 -
Alexander Borrelli 847,058 - 847,058 847,058 0.07% - -
Scott Kaintz 2,117,645 3,072,093 17,514,132 20,586,225 1.68% 17,840,000 -
Sam Quinn 2,107,481 2,656,766 15,529,425 18,186,191 1.48% 3,450,000 -
* These shares are held on Director's behalf by Red Rock Resources Plc Share
Incentive Plan Trustees.
Admission to Trading on AIM and Total Voting Rights
Application is being made to AIM for 5,038,253 New Ordinary Shares, allotted
in relation to the SIP for 2021/22 tax year, to be admitted to trading on AIM,
the admission of which it is expected on or around 13 May 2022.
In accordance with the provision of the Disclosure Guidance and Transparency
Rules of the Financial Conduct Authority, the Company confirms that, following
the issue of the New Ordinary Shares, its issued ordinary share capital will
comprise 1,227,867,054 ordinary shares.
All of the ordinary shares have equal voting rights and none of the ordinary
shares are held in Treasury. The total number of voting rights in the Company
will therefore be 1,227,867,054. The above figure may be used by shareholders
as the denominator for the calculations to determine if they are required to
notify their interests in, or change to their interest in, the Company.
For further information, please contact:
Andrew Bell 0207 747
9990
Chairman Red Rock Resources Plc
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD
Beaumont Cornish Limited
Jason Robertson 0207 374
2212
Broker First Equity
Limited
This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU, which is part of domestic UK law pursuant to the
Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310) and is disclosed
in accordance with the Company's obligations under Article 17.
Details of the person discharging managerial responsibilities / person closely
associated
1
a) Name Andrew Bell
2 Reason for the notification
a) Position/status Executive Chairman, PDMR
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Red Rock Resources Plc
b) LEI 213800383CFWX3U42W09
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 Ordinary Shares of £0.0001 each
Identification code ISIN: GB00BYWKBV38
b) Nature of the transaction Issue of Shares under Share Incentive Plan
c) Price(s) and volume(s) Name Price(s) Volume(s)
Andrew R M Bell £0.00425 2,117,645
d) Aggregated information
- Aggregated volume N/A
- Aggregated Price N/A
e) Date of the transaction 5 May 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
N/A
- Aggregated Price
N/A
e)
Date of the transaction
5 May 2022
f)
Place of the transaction
Outside a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
1
a) Name Alexander Borrelli
2 Reason for the notification
a) Position/status Non-Executive Director, PDMR
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Red Rock Resources Plc
b) LEI 213800383CFWX3U42W09
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 Ordinary Shares of £0.0001 each
Identification code ISIN: GB00BYWKBV38
b) Nature of the transaction Issue of Shares under Share Incentive Plan
c) Price(s) and volume(s) Name Price(s) Volume(s)
Alexander Borrelli £0.00425 847,058
d) Aggregated information
- Aggregated volume N/A
- Aggregated Price N/A
e) Date of the transaction 5 May 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
N/A
- Aggregated Price
N/A
e)
Date of the transaction
5 May 2022
f)
Place of the transaction
Outside a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
1
a) Name Scott Kaintz
2 Reason for the notification
a) Position/status Non-Executive Director, PDMR
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Red Rock Resources Plc
b) LEI 213800383CFWX3U42W09
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 Ordinary Shares of £0.0001 each
Identification code ISIN: GB00BYWKBV38
b) Nature of the transaction Issue of Shares under Share Incentive Plan
c) Price(s) and volume(s) Name Price(s) Volume(s)
Scott Kaintz £0.00425 2,117,645
d) Aggregated information
- Aggregated volume N/A
- Aggregated Price N/A
e) Date of the transaction 5 May 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
N/A
- Aggregated Price
N/A
e)
Date of the transaction
5 May 2022
f)
Place of the transaction
Outside a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
1
a) Name Sam Quinn
2 Reason for the notification
a) Position/status Non-Executive Director, PDMR
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Red Rock Resources Plc
b) LEI 213800383CFWX3U42W09
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 Ordinary Shares of £0.0001 each
Identification code ISIN: GB00BYWKBV38
b) Nature of the transaction Issue of Shares under Share Incentive Plan
c) Price(s) and volume(s) Name Price(s) Volume(s)
Sam Quinn £0.00425 2,107,481
d) Aggregated information
- Aggregated volume N/A
- Aggregated Price N/A
e) Date of the transaction 5 May 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
N/A
- Aggregated Price
N/A
e)
Date of the transaction
5 May 2022
f)
Place of the transaction
Outside a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
1
a) Name Rasa Vaitkute
2 Reason for the notification
a) Position/status Corporate Affairs Manager, PDMR
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Red Rock Resources Plc
b) LEI 213800383CFWX3U42W09
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 Ordinary Shares of £0.0001 each
Identification code ISIN: GB00BYWKBV38
b) Nature of the transaction Issue of Shares under Share Incentive Plan
c) Price(s) and volume(s) Name Price(s) Volume(s)
Rasa Vaitkute £0.00425 847,058
d) Aggregated information
- Aggregated volume N/A
- Aggregated Price N/A
e) Date of the transaction 5 May 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
N/A
- Aggregated Price
N/A
e)
Date of the transaction
5 May 2022
f)
Place of the transaction
Outside a trading venue
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