Riverstone Energy Limited Director/PDMR Shareholding (0437I)

TIDMRSE

RNS Number : 0437I

Riverstone Energy Limited

16 March 2018

Notification of Transactions of Persons Closely Associated With Persons Discharging Managerial Responsibilities (PDMRs)

Riverstone Energy Limited (the "Company") has been notified that Riverstone Energy Limited Capital Partners LP ("RELCP"), a person closely associated with each of David Leuschen, Pierre Lapeyre, Jr. and Kenneth Ryan, has acquired ordinary shares of the Company.

Details of the transaction(s) can be found in the Notification of Dealing Form below.

 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
 a)     Name                   Riverstone Energy Limited Capital 
                                Partners LP 
=====  =====================  ================================== 
 2      Reason for the notification 
 a)     Position/status        Person closely associated with 
                                each of David Leuschen, Pierre 
                                Lapeyre, Jr. and Kenneth Ryan, 
                                all directors of Riverstone 
                                Energy Limited 
=====  =====================  ================================== 
 b)     Initial notification   Initial 
         /Amendment 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, 
         auctioneer or auction monitor 
=====  ========================================================= 
 a)     Name                   Riverstone Energy Limited 
 b)     LEI                    213800HAZOW1AWRSZR47 
=====  =====================  ================================== 
 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            Ordinary Shares 
         of the financial 
         instrument, 
         type of instrument     GG00BBHXCL35 
         Identification 
         code 
=====  =====================  ================================== 
 b)     Nature of              Purchase which represents entire 
         the transaction        performance allocation payment 
                                due to RELCP pursuant to sale 
                                of 4,362,317 Centennial Resource 
                                Development Inc. Class A common 
                                stock, announced by the Company 
                                on 8 March 2018. 
 c)     Volume(s)              N/A 
         and Price(s) 
=====  =====================  ================================== 
 d.1)   Aggregated 
         information 
         - Aggregated            161,745 shares 
         volume                  GBP GBP11.90 
         - Price                 GBP GBP1,928,616 
         - Principal 
         amount 
 d.2)   Date of the            16 March 2018 
         transaction 
=====  =====================  ================================== 
 g.)    Place of the           London Stock Exchange 
         transaction(s) 
=====  =====================  ================================== 
 

About Riverstone Energy Limited:

REL is a closed-ended investment company that invests exclusively in the global energy industry, with a particular focus on the exploration & production and midstream sectors. REL aims to capitalise on the opportunities presented by Riverstone's energy investment platform. REL is a member of the FTSE 250 and its ordinary shares are listed on the London Stock Exchange, trading under the symbol RSE. REL has 14 active investments spanning conventional and unconventional oil and gas activities in the Continental U.S., Western Canada, Gulf of Mexico, Mexico and credit.

For further details, see www.RiverstoneREL.com

Neither the contents of Riverstone Energy Limited's website nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.

Media Contacts

For Riverstone Energy Limited:

 
Brian Potskowski 
 Natasha Fowlie 
 [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 16, 2018 12:00 ET (16:00 GMT)