Red Rock Resources plc Directors' Dealings (5002Z)

TIDMRRR

RNS Number : 5002Z

Red Rock Resources plc

15 December 2017

Red Rock Resources Plc

("Red Rock" or the "Company")

Directors' Dealings

15 December 2017

Red Rock Resources Plc announces that it has been informed of dealings on 14 December 2017 by directors in the Ordinary Shares of 0.01 pence ("Shares") in the Company.

Mr Andrew Bell, a director, has purchased 5,000,000 Shares at a price of 0.6865 pence. Mr Scott Kaintz, a director, has purchased 732,093 Shares at 0.695 pence.

The table below sets out the total shareholding and interests of Mr Bell and Mr Kaintz in the share capital of the Company:

 
                 Ordinary Shares         Total        % of       Options     Warrants 
                                         Shares      Enlarged 
                                                      Issued 
                                                      Share 
                                                     Capital 
-----------  -----------------------  -----------  ----------  -----------  ---------- 
 Directors    Direct      Indirect* 
-----------  ----------  -----------  -----------  ----------  -----------  ---------- 
 Andrew 
  R M Bell    7,194,984   12,276,007   19,470,991       4.03%   17,760,000   4,761,904 
-----------  ----------  -----------  -----------  ----------  -----------  ---------- 
 Scott C 
  Kaintz              -    7,946,287    7,946,287       1.64%   15,680,000   1,785,714 
-----------  ----------  -----------  -----------  ----------  -----------  ---------- 
 

* Andrew Bell and Scott Kaintz both hold 5,428,480 shares indirectly held by the Share Incentive Plan Trustees. In addition, Andrew Bell indirectly holds 5,600 shares through Beaufort Securities Nominees Limited and 3,830,834 shares in the account of Alliance Trust Nominees Limited and 3,011,093 shares in the account of Rock (Nominees) Limited and 7,194,984 shares directly and jointly with Stephanie Bell. Scott Kaintz indirectly holds 1,785,714 shares through Hargreave Hale Nominees Limited and 732,093 Shares through Hargreaves Lansdown (Nominees) Limited.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For Further Information Contact:

Andrew Bell 0207 747 9990 Chairman Red Rock Resources Plc

Scott Kaintz 0207 747 9990 Executive Director Red Rock Resources Plc

   Roland Cornish/Rosalind Hill Abrahams 0207 628 3396         NOMAD Beaumont Cornish Limited 

Neil Badger 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd.

The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ----------------------------------------------------------------------- 
 a)    Name                        1. Andrew R M Bell 
                                    2. Scott C Kaintz 
----  --------------------------  ------------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------------- 
 a)    Position/status             1. Executive Chairman 
                                    2. Executive Director 
----  --------------------------  ------------------------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
----  --------------------------  ------------------------------------------- 
 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              Ordinary Shares of 0.01p each 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification              ISIN: GB00BYWKBV38 
        code 
 
 b)    Nature of the               Purchase of Shares 
        transaction 
----  --------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)       Name              Price(s)   Volume(s) 
                                    ----------------  ---------  ---------- 
                                     Andrew R 
                                      M Bell           0.6865p    5,000,000 
                                    ----------------  ---------  ---------- 
                                     Scott C Kaintz    0.695p     732,093 
                                    ----------------  ---------  ---------- 
----                              ----------------------------------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume              5,723,093 
 
  - Price                          0.6887 pence 
 
 e)    Date of the transaction     14 December 2017 
----  --------------------------  ------------------------------------------- 
 f)    Place of the transaction    London Stock Exchange - AIM 
----  --------------------------  ------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 15, 2017 05:07 ET (10:07 GMT)