Rockhopper Exploration plc Exercise of Warrants (4712X)

TIDMRKH

RNS Number : 4712X

Rockhopper Exploration plc

20 December 2023

20 December 2023

Rockhopper Exploration plc

("Rockhopper" or the "Company")

Exercise of Warrants

Rockhopper Exploration plc (AIM: RKH), the oil and gas company with key interests in the North Falkland Basin, announces that the Company has received notifications of the exercise of warrants over an aggregate 785,713 new Ordinary Shares of GBP0.01 each ("Ordinary Shares") in the Company at an exercise price of 9 pence per ordinary share (the "Warrant Shares") held by the following directors of the Company, providing the Company with proceeds of GBP70,714:

 
 Director        Number of Warrants   Resultant Shareholding   % of Issued Share 
                  Exercised                                     Capital as at 20 
                                                                December 2023 
 Sam Moody       714,285              4,713,584                0.79% 
                -------------------  -----------------------  ------------------ 
 Alison Baker    71,428               284,181                  0.05% 
                -------------------  -----------------------  ------------------ 
 

The Warrant Shares will be issued under the Company's existing block listing entitlement.

Enquiries:

Rockhopper Exploration plc

Jan Davies, Company Secretary

Tel. [phone] (via Vigo Consulting)

Canaccord Genuity Limited (NOMAD and Joint Broker)

Henry Fitzgerald-O'Connor/James Asensio/Ana Ercegovic

Tel. [phone]

Peel Hunt LLP (Joint Broker)

Richard Crichton/ Georgia Langoulant

Tel. [phone]

Vigo Consulting

Patrick d'Ancona/Ben Simons/Fiona Hetherington

Tel. [phone]

Market Abuse Regulation (MAR) Disclosure

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR').

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with Them.

 
      Details of the person discharging managerial responsibilities 
  1 
 a)   Name                        Sam Moody 
     ==========================  ===================================== 
      Reason for the notification 
  2 
     ================================================================= 
 a)   Position/status             Chief Executive Officer and Director 
     ==========================  ===================================== 
 b)   Initial notification        Initial notification 
       /Amendment 
     ==========================  ===================================== 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ================================================================= 
 a)   Name                        Rockhopper Exploration plc 
     ==========================  ===================================== 
 b)   LEI                         213800IPXW6XRLVCL581 
     ==========================  ===================================== 
      Details of the transaction(s): section to be repeated for 
  4    (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          Ordinary Shares 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00B0FVQX23 
     ==========================  ===================================== 
 b)   Nature of the transaction   Exercise of warrants 
     ==========================  ===================================== 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                    9.0p       714,285 
                                              ========== 
     ==========================  ===================================== 
 d)   Aggregated information 
                                           Price(s)   Volume(s) 
        *    Aggregated volume              9.0p       714,285 
                                                     ========== 
 
 
        *    Price 
     ==========================  ===================================== 
 e)   Date of the transaction     20 December 2023 
---  --------------------------  ------------------------------------- 
 f)   Place of the transaction    Outside of a trading venue 
     --------------------------  ------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1 
 a)   Name                            Alison Baker 
     ==============================  ================================ 
      Reason for the notification 
  2 
     ================================================================ 
 a)   Position/status                 Senior Independent Director 
     ==============================  ================================ 
 b)   Initial notification            Initial notification 
       /Amendment 
     ==============================  ================================ 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ================================================================ 
 a)   Name                            Rockhopper Exploration plc 
     ==============================  ================================ 
 b)   LEI                             213800IPXW6XRLVCL581 
     ==============================  ================================ 
      Details of the transaction(s): section to be repeated for 
  4    (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              Ordinary Shares 
       financial instrument, 
       type of instrument 
 
       Identification code             GB00B0FVQX23 
     ==============================  ================================ 
 b)   Nature of the transaction       Exercise of warrants 
     ==============================  ================================ 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
                                        9.0p       71,428 
                                                  ========== 
     ==============================  ================================ 
 d)   Aggregated information 
                                             Price(s)   Volume(s) 
        *    Aggregated volume                9.0p       71,428 
                                                       ========== 
 
 
        *    Price 
     ==============================  ================================ 
 e)   Date of the transaction         20 December 2023 
---  ------------------------------  -------------------------------- 
 f)   Place of the transaction        Outside of a trading venue 
     ------------------------------  -------------------------------- 
 

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December 20, 2023 05:15 ET (10:15 GMT)