REG - Rockhopper Exp plc - Director Share Purchases

Rockhopper ExplorationAnnouncement

08/06/2020 12:45

RNS Number : 2882P
  
Rockhopper Exploration plc
  
08 June 2020
  
 

8 June 2020
 
Rockhopper Exploration plc
("Rockhopper" or the "Company")
 
Director Share Purchases 
 
Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, announces that, on 5 June 2020, the Company's non-executive directors purchased, in aggregate, 292,744 ordinary shares of £0.01 each in the Company in line with their commitment, as announced on 19 May 2020, that 20 per cent of their fees, after tax and national insurance, will be used to purchase shares in the Company.
 
A summary of the purchases appears below: 
 




Director


Price (pence)


Number of shares purchased 


Total number of shares held following purchases 


% of issued share capital following purchases




Keith Lough (Chairman)
 


£0.0808


148,515


228,515


0.05




Alison Baker (Senior Independent Director) 


£0.0885


70,000


        70,000


0.02




John Summers (Non-Executive Director) 


£0.0808


74,229


318,329


0.07




 
 Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014 in relation to the acquisition of Shares by certain Directors in their capacity as persons discharging managerial responsibilities (PDMRs):  
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


 Keith Lough




2


Reason for the notification




a)


Position/status


Chairman




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 Shares 




c) 


Price(s) and volume(s)
 


Date of transaction: 5 June 2020 
Price: £0.0808
Volume: 148,515




d) 


Aggregated information
 


Date of transaction: 5 June 2020 
Aggregated volume: 148,515
Price: £12,000.01




e) 


Date of the transaction


5 June 2020




f) 


Place of the transaction


London Stock Exchange (XLON)




 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Alison Baker




2


Reason for the notification




a)


Position/status


Non-Executive Director




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 Shares 




c) 


Price(s) and volume(s)
 


Date of transaction: 5 June 2020 
Price: £0.0885
Volume: 70,000




d) 


Aggregated information
 


Date of transaction: 5 June 2020
Aggregated volume: 70,000
Price: £6,195.00




e) 


Date of the transaction


5 June 2020




f) 


Place of the transaction


London Stock Exchange (XLON)




 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


 John Summers  




2


Reason for the notification




a)


Position/status


Non-Executive Director




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 Shares 




c) 


Price(s) and volume(s)
 


Date of transaction: 5 June 2020 
Price: £0.0808
Volume: 74,229




d) 


Aggregated information
 


Date of transaction: 5 June 2020 
Aggregated volume: 74,229
Price: £5,997.70




e) 


Date of the transaction


5 June 2020




f) 


Place of the transaction


London Stock Exchange (XLON)




 
 
Enquiries:
 
Rockhopper Exploration plc
Sam Moody - Chief Executive Officer
Stewart MacDonald - Chief Financial Officer
Tel. +44 (0) 20 7390 0234 (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 0234
 


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