REG - Red Rock Resources - Issue of Equity, PDMR/Director Holdings, TVR
12/05/2023 07:00
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RNS Number : 1800Z Red Rock Resources plc 12 May 2023
Red Rock Resources Plc
("Red Rock" or the "Company")
Issue of Shares under Share Incentive Plan
Directors' Dealings and Total Voting Rights
12 May 2023
Red Rock Resources Plc, the natural resource exploration and development
company, with interests in gold, copper, cobalt, lithium and other minerals,
announces that on 11 May 2023, the Board of Directors approved the issuance of
24,512,229 ordinary shares of £0.0001 each in the Company ("New Ordinary
Shares") under the Company's Share Incentive Plan ("SIP") for the 2022/23 tax
year as agreed by the Trustees in their meeting held on 5 April 2023.
Directors' Participation
Directors participated in the shares purchase and award of 18,048,913 the New
Ordinary Shares under the SIP in respect of the 2022/23 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.
Directors New Ordinary Shares Ordinary Shares Post Issuance Total Shares % of Enlarged Issued Share Capital Options Warrants
Direct Indirect*
Andrew R M Bell 4,517,371 34,316,883 22,031,503 56,348,386 2.84% 25,880,000 -
Alexander Borrelli 4,517,371 - 5,364,429 5,364,429 0.27% - -
Scott Kaintz 4,517,371 3,072,093 22,031,503 25,103,596 1.27% 17,840,000 -
Sam Quinn 4,496,800 2,656,766 20,026,225 22,682,991 1.14% 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 24,512,229 New Ordinary Shares, allotted
in relation to the SIP for 2022/23 tax year, to be admitted to trading on AIM,
the admission of which it is expected on or around 18 May 2023.
Following admission of the Shares, the Company's total issued share capital
will consist of 1,983,050,298 ordinary shares, with one voting right per
share. The Company does not hold any shares in treasury. Therefore, the total
number of voting rights in the Company will be 1,983,050,298 ordinary shares.
This 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 share capital of the Company under the
Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.
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 £0.00210 2,571,426
£0.00185 1,945,945
d) Aggregated information
- Aggregated volume 4,517,371
- Aggregated Price £0.00199
e) Date of the transaction 11 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
4,517,371
- Aggregated Price
£0.00199
e)
Date of the transaction
11 May 2023
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 £0.00210 2,571,426
£0.00185 1,945,945
d) Aggregated information
- Aggregated volume 4,517,371
- Aggregated Price £0.00199
e) Date of the transaction 11 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
4,517,371
- Aggregated Price
£0.00199
e)
Date of the transaction
11 May 2023
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 £0.00210 2,571,426
£0.00185 1,945,945
d) Aggregated information
- Aggregated volume 4,517,371
- Aggregated Price £0.00199
e) Date of the transaction 11 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
4,517,371
- Aggregated Price
£0.00199
e)
Date of the transaction
11 May 2023
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 £0.00210 2,550,855
£0.00185 1,945,945
d) Aggregated information
- Aggregated volume 4,496,800
- Aggregated Price £0.00199
e) Date of the transaction 11 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
4,496,800
- Aggregated Price
£0.00199
e)
Date of the transaction
11 May 2023
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 £0.00185 1,945,945
d) Aggregated information
- Aggregated volume N/A
- Aggregated Price N/A
e) Date of the transaction 11 May 2023
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
11 May 2023
f)
Place of the transaction
Outside a trading venue
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