REG - Riverstone Energy Ld - Director/PDMR Shareholding
RNS Number : 9983LRiverstone Energy Limited24 April 2018Notification of Transactions of Persons Closely Associated With Persons Discharging Managerial Responsibilities (PDMRs)
Riverstone Energy Limited (the "Company") has been notified that Riverstone Energy Limited Capital Partners LP ("RELCP"), a person closely associated with each of David Leuschen, Pierre Lapeyre, Jr. and Kenneth Ryan, has acquired ordinary shares of the Company.
Details of the transaction(s) can be found in the Notification of Dealing Form below.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Riverstone Energy Limited Capital Partners LP
2
Reason for the notification
a)
Position/status
Person closely associated with each of David Leuschen, Pierre Lapeyre, Jr. and Kenneth Ryan, all directors of Riverstone Energy Limited
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Riverstone Energy Limited
b)
LEI
213800HAZOW1AWRSZR47
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
GG00BBHXCL35
b)
Nature of the transaction
Purchase which represents the performance allocation payment due to RELCP pursuant to closure of the sale of Three Rivers III announced by the Company on 17 April 2018.
c)
Volume(s) and Price(s)
N/A
d.1)
Aggregated information
- Aggregated volume
- Price
- Principal amount
428,596 shares
GBP £12.12
GBP £5,194,583.52
d.2)
Date of the transaction
23 April 2018
g.)
Place of the transaction(s)
London Stock Exchange
About Riverstone Energy Limited
REL is a closed-ended investment company that invests exclusively in the global energy industry, with a particular focus on the exploration & production and midstream sectors. REL aims to capitalise on the opportunities presented by Riverstone's energy investment platform. REL is a member of the FTSE 250 and its ordinary shares are listed on the London Stock Exchange, trading under the symbol RSE. REL has 13 active investments spanning conventional and unconventional oil and gas activities in the Continental U.S., Western Canada, Gulf of Mexico, Mexico and credit.
For further details, see www.RiverstoneREL.com
Neither the contents of Riverstone Energy Limited's website nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.
Media Contacts:
Riverstone Energy Limited:
Brian Potskowski
Natasha Fowlie
+44 203 206 6300
.
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHBLGDSBUDBGIS
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