Riverstone Energy Limited Director/PDMR Shareholding (2615Q)

TIDMRSE

RNS Number : 2615Q

Riverstone Energy Limited

04 June 2018

RIVERSTONE ENERGY LIMITED

("REL" or the "Company")

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

 
 The Company has been notified that Riverstone 
  Energy Limited Capital Partners, LP, a PCA 
  of the Company, has sold 1,591 ordinary shares 
  in the Company. REL Coinvestment, LP, a PCA 
  of the Company has sold 6,186 ordinary shares 
  in the Company. The Company has further notified 
  that Mr Pierre F. Lapeyre, Jr., a PDMR of 
  the Company has purchased a total of 7,777 
  shares in 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         Shareholder 
 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               Sale of Shares 
          the transaction 
======  ======================  ============================================= 
 c)      Volume(s)               Shareholder        Price(s)        Volume(s) 
          and Price(s) 
======  ====================== 
   Riverstone 
    Energy Limited 
    Capital 
    Partners,         GBP GBP12.59 
    LP                 per share                                    1,591 
  =================  ============================================  ========== 
 d.1)    Aggregated 
          information 
          - Aggregated             1,591 shares 
          volume                   GBP GBP 12.59 
          - Price                  GBP GBP 20,030.69 
          - Principal 
          amount 
 d.2)    Date of the             30 May 2018 
          transaction 
======  ======================  ============================================= 
 f.)     Place of the            London Stock Exchange 
          transaction(s) 
======  ======================  ============================================= 
 
 
 1       Details of the person discharging managerial 
          responsibilities/person closely associated 
 a)      Name                    REL Coinvestment, LP 
======  ======================  =============================================== 
 2       Reason for the notification 
 a)      Position/status         Shareholder 
======  ======================  =============================================== 
 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               Sale of Shares 
          the transaction 
 c)      Volume(s)               Shareholder          Price(s)        Volume(s) 
          and Price(s) 
                                ===================  ==============  ========== 
   REL Coinvestment,    GBP GBP12.59 
    LP                   per share                                    6,186 
 d.1)    Aggregated 
          information 
          - Aggregated             6,186 shares 
          volume                   GBP GBP 12.59 
          - Price                  GBP GBP 77,881.74 
          - Principal 
          amount 
======  ======================  =============================================== 
 d.2)    Date of the             30 May 2018 
          transaction 
 f.)     Place of the            London Stock Exchange 
          transaction(s) 
======  ======================  =============================================== 
 
 
 1       Details of the person discharging managerial 
          responsibilities/person closely associated 
 a)      Name                    Pierre F. Lapeyre, Jr. 
 2       Reason for the notification 
 a)      Position/status         Director 
 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 of Shares 
          the transaction 
 c)      Volume(s)               Shareholder    Price(s)        Volume(s) 
          and Price(s) 
   Pierre F. 
    Lapeyre,      GBP GBP12.59 
    Jr.            per share                                    7,777 
 d.1)    Aggregated 
          information 
          - Aggregated             7,777 shares 
          volume                   GBP GBP 12.59 
          - Price                  GBP GBP 97,912.43 
          - Principal 
          amount 
 d.2)    Date of the             30 May 3018 
          transaction 
 f.)     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 13 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:

Riverstone Energy Limited:

Brian Potskowski

Natasha Fowlie

[phone]

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June 04, 2018 13:26 ET (17:26 GMT)