REG - Rockhopper Exp plc - Director/PDMR Shareholding

Rockhopper ExplorationAnnouncement

27/03/2020 18:30

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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