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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Rockrose Energy Plc | LSE:RRE | London | Ordinary Share | GB00BYNFCH09 | ORD 20P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,848.00 | 1,848.00 | 1,850.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMRRE
RNS Number : 8019J
RockRose Energy plc
14 September 2016
14(th) September 2016
RockRose Energy plc
Initial Acquisition and Suspension of Listing
RockRose Energy plc ("RockRose", or the "Company") is pleased to announce that it has agreed non-binding headline terms and a period of exclusivity from Maersk Oil North Sea UK Ltd ("Maersk") to acquire its non-operated interests in the Wytch Farm (7.43%), Scott (5.16%) and Telford (2.36%) fields. Any potential transaction remains subject to contract.
Any transaction would be subject to the agreement of a definitive Sale and Purchase Agreement ("SPA") with Maersk and the usual regulatory permissions from the Oil and Gas Authority ("OGA") and partners.
As any transaction would constitute a reverse takeover, the Company has requested that the UK Listing Authority ("UKLA") suspend the listing of the shares with immediate effect.
A further announcement will be made in due course.
Ends
Enquiries:
RockRose Energy plc +44 (0)20 3826 4800 Broker Macquarie Capital (Europe) Limited +44 (0)20 3037 2000 Financial PR Camarco +44 (0) 20 3757 4980
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLIFFDARISLIR
(END) Dow Jones Newswires
September 14, 2016 03:30 ET (07:30 GMT)
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