RockRose Energy plc Awards under the Rockrose Share Incentive plan (7749V)

TIDMRRE

RNS Number : 7749V

RockRose Energy plc

26 July 2018

Rockrose Energy plc ("Rockrose" or the "Company")

Awards under the Rockrose Share Incentive plan, option grants and PDMR dealings

The Company announces that it received notification on 25 July 2018 from Equiniti Share Plan Trustees Limited (the "SIP Trustees") that the SIP Trustees, awarded 1,488 ordinary shares of 20p each in the Company ("Ordinary Shares") to participants in the Rockrose Energy plc Share Incentive Plan (the "SIP") at a price of 345p per share, being the price per share determined under the rules of the SIP.

The SIP award has been satisfied by the issue of 1,488 new Ordinary Shares to the SIP Trustee at a subscription price of 20p per share, being the nominal value of the shares. The SIP Shares shall rank equally with the existing issued shares of the Company. The SIPP Shares will be allocated out of shares the subject of a block listing announced on 23 April 2018.

Each participating employee will receive an allocation of Partnership Shares (being shares acquired at market value using contributions deducted from employees' pre-tax salaries; "Partnership Shares"), Matching Shares (being ordinary shares of twice the number of Partnership Shares acquired by an employee which are paid for by the Company; "Matching Shares") and Free Shares (being ordinary shares to a value not exceeding GBP3,600 in the current tax year, which are paid for by the Company; "Free Shares").

Details of the purchaser and awards under the SIP by Persons Discharging Managerial Responsibility ("PDMR") are set out below.

 
 PDMR               Share subscription under the SIP   Matching Allocation   Resulting Voting Rights 
 Andrew Austin      44                                 88                    132 
                   ---------------------------------  --------------------  ------------------------ 
 Richard Benmore    44                                 88                    132 
                   ---------------------------------  --------------------  ------------------------ 
 Peter Mann         44                                 88                    132 
                   ---------------------------------  --------------------  ------------------------ 
 John Morrow        44                                 88                    132 
                   ---------------------------------  --------------------  ------------------------ 
 Steve Pawson       44                                 88                    132 
                   ---------------------------------  --------------------  ------------------------ 
 

The issued share capital of the Company following the above detailed issue of shares will be 15,357,568 Ordinary Shares. The total number of voting rights in Rockrose will be 15,357,568 Ordinary Shares, which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in Rockrose Energy plc under the Financial Conduct Authority's Disclosure and Transparency Rules.

The information set out below is provided in accordance with the requirements of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:

 
 1.   Details of PDMR / person closely associated 
 a)   Name                                              (i) Andrew Austin 
                                                         (ii) Richard Benmore 
                                                         (iii) John Morrow 
                                                         (iv) Peter Mann 
                                                         (v) Steve Pawson 
     ------------------------------------------------  --------------------------------------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position / status                                 (i) Executive Chairman 
                                                         (ii) Non-Executive 
                                                         (iii) Non-Executive 
                                                         (iv) Managing Director 
                                                         (iii) Finance Director 
     ------------------------------------------------  --------------------------------------------------------------- 
 b)   Initial notification /amendment                   Initial notification 
     ------------------------------------------------  --------------------------------------------------------------- 
 3.   Details of the issuer 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                              Rockrose Energy plc 
     ------------------------------------------------  --------------------------------------------------------------- 
 b)   LEI                                               213800W3DXD7SNOYGG30 
     ------------------------------------------------  --------------------------------------------------------------- 
 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 instrument           Ordinary Shares of 20p each 
     ------------------------------------------------  --------------------------------------------------------------- 
 b)   Identification code of the Financial Instrument   ISIN for Rockrose Energy plc: GB00BYNFCH09 
     ------------------------------------------------  --------------------------------------------------------------- 
 c)   Nature of the transaction                         Acquisition of Ordinary Shares in Rockrose Energy plc as under 
                                                        SIP by the SIP Trustees pursuant 
                                                        to the SIP 
     ------------------------------------------------  --------------------------------------------------------------- 
 d)   Price(s) and volume(s)                            Price          Volume 
                                                         (i) GBP3.45    (i) 132 
                                                         (ii) GBP3.45   (ii) 132 
                                                         (iii) GBP3.45  (iii) 132 
                                                         (iv) GBP3.45   (iv) 132 
                                                         (v) GBP3.45    (v) 132 
     ------------------------------------------------  --------------------------------------------------------------- 
 e)   Aggregated information                            N/A 
       - Aggregated volume 
       - Price 
     ------------------------------------------------  --------------------------------------------------------------- 
 f)   Date of the transaction                           25 July 2018 
     ------------------------------------------------  --------------------------------------------------------------- 
 g)   Place of the transaction                          XLON 
     ------------------------------------------------  --------------------------------------------------------------- 
 

ENQUIRIES

   Rockrose Energy plc    +44  (0)20 3826 4800 

Broker:

Hannam& Partners (Advisory) LLP

   Giles Fitzpatrick / Andrew Chubb            [phone] 

Financial PR:

Celicourt

   Mark Antelme / Henry Lerwill                   [phone] 

For further information, please visit the Company's website at www.rockroseenergy.com.

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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July 26, 2018 02:02 ET (06:02 GMT)