Rockhopper Exploration plc Director/PDMR Shareholding (1428O)

TIDMRKH

RNS Number : 1428O

Rockhopper Exploration plc

28 May 2020

28 May 2020

Rockhopper Exploration plc

("Rockhopper" or the "Company")

Director/PDMR Shareholding and Total Voting Rights

Share Incentive Plan

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, provides the following updates regarding the Rockhopper Share Incentive Plan ("SIP"). As previously announced, the SIP is to be discontinued for all employees including Directors and this will be the final month of its operation.

The Directors named below have acquired a further interest in Ordinary Shares of 1 pence each in the Company as a result of their participation in the SIP in May 2020. The Partnership Shares were acquired using cash contributed by the Directors.

 
 Director             Number of          Number of Matching   Price per   Date of Transaction 
                       Partnership        Shares acquired      Share 
                       Shares acquired 
 Samuel Moody         2308               4616                 GBP0.065    26 May 2020 
                     -----------------  -------------------  ----------  -------------------- 
 Stewart MacDonald    2308               4616                 GBP0.065    26 May 2020 
                     -----------------  -------------------  ----------  -------------------- 
 

Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014 in relation to participation in the Company's SIP by Directors in their capacity as persons discharging managerial responsibilities (PDMRs) for the month of May 2020:

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Samuel Moody 
     --------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                   Chief Executive Officer 
     --------------------------------  ---------------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
     --------------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                              Rockhopper Exploration plc 
     --------------------------------  ---------------------------------------- 
 b)   LEI                               213800IPXW6XRLVCL581 
     --------------------------------  ---------------------------------------- 
 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 the financial      Ordinary Shares of 1 pence each 
       instrument, type of instrument 
 
       Identification code               GB00BOFVQX23 
     --------------------------------  ---------------------------------------- 
 b)   Nature of the transaction         Acquisition of Partnership and Matching 
                                         Shares through the Company's Share 
                                         Incentive Plan 
     --------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)            Date of transaction: 26 May 2020 
                                         Price: GBP0.065 
                                         Volume: 
                                         Partnership Shares: 2308 
                                         Matching Shares: 4616 
     --------------------------------  ---------------------------------------- 
 d)   Aggregated information            Date of transaction: 26 May 2020 
                                         Aggregated volume: 6924 
                                         Price: GBP0.065 
     --------------------------------  ---------------------------------------- 
 e)   Date of the transaction           26 May 2020 
     --------------------------------  ---------------------------------------- 
 f)   Place of the transaction          Outside a trading venue 
     --------------------------------  ---------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Stewart MacDonald 
     --------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                   Chief Financial Officer 
     --------------------------------  ---------------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
     --------------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                              Rockhopper Exploration plc 
     --------------------------------  ---------------------------------------- 
 b)   LEI                               213800IPXW6XRLVCL581 
     --------------------------------  ---------------------------------------- 
 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 the financial      Ordinary Shares of 1 pence each 
       instrument, type of instrument 
 
       Identification code               GB00BOFVQX23 
     --------------------------------  ---------------------------------------- 
 b)   Nature of the transactions        Acquisition of Partnership and Matching 
                                         Shares through the Company's Share 
                                         Incentive Plan 
     --------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)            Date of transaction: 26 May 2020 
                                         Price: GBP0.065 
                                         Volume: 
                                         Partnership Shares: 2308 
                                         Matching Shares: 4616 
     --------------------------------  ---------------------------------------- 
 d)   Aggregated information            Date of transaction: 26 May 2020 
                                         Aggregated volume: 6924 
                                         Price: GBP0.065 
     --------------------------------  ---------------------------------------- 
 e)   Date of the transactions          26 May 2020 
     --------------------------------  ---------------------------------------- 
 f)   Place of the transactions         Outside a trading venue 
     --------------------------------  ---------------------------------------- 
 

Total Voting Rights

In respect of the month of May 2020, the Company has on 26 May 2020 issued 83,064 new ordinary shares as part of the Company's Share Incentive Plan ("SIP").

In conformity with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company confirms that, as at 26 May 2020, the issued ordinary share capital of the Company consisted of 458,482,117 shares with voting rights attached (one vote per ordinary share).

The Company does not hold any shares in Treasury at the date of this disclosure. The issued share capital figure can be used by shareholders as the denominator for the calculations by which to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

The issue of shares under the SIP has been made under the Company's existing block listing entitlements.

Enquiries:

Rockhopper Exploration plc

Jan Davies, Company Secretary

Tel. [phone] (via Vigo Communications)

Canaccord Genuity Limited (NOMAD and Joint Broker)

Henry Fitzgerald-O'Connor

James Asensio

Tel. [phone]

Peel Hunt LLP (Joint Broker)

Richard Crichton

Tel. [phone]

Vigo Communications

Patrick d'Ancona

Ben Simons

Tel. [phone]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 28, 2020 02:00 ET (06:00 GMT)