RockRose Energy plc PDMR dealings (1069P)

TIDMRRE

RNS Number : 1069P

RockRose Energy plc

24 May 2018

For immediate release 24 May 2018

Rockrose Energy plc

(Incorporated in England and Wales with company number 09665181)

PDMR dealings

Rockrose Energy plc (LSE: RRE) (the "Company") announces the Board has, on a recommendation of the Remuneration Committee, granted a total of 121,294 share options, in accordance with the rules of the Company's Share Option Plan 2015, to Richard Benmore and a member of staff as follows:

Richard Benmore 107,817 options

   Other staff                                                                      14,205 options 

All of the options awarded are for 10 years and each award will vest 33.3% on the first, second and third anniversary of the Award Date. The exercise price for the option granted to Mr Benmore is set at GBP3.71 pence per Ordinary Share and GBP3.52 for the staff member award (as the formal grant of the award was held over from its due date due to the Company being in an extended close period). Any exercise of the options will be satisfied by the issue of new ordinary shares.

The Company currently has 15,353,275 Ordinary Shares in issue.

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                              Richard Benmore 
---  --------------------------------  ----------------------------- 
 2.   Reason for the notification: Grant of options 
---  --------------------------------------------------------------- 
 a)   Position / status                 Non-Executive 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      Ordinary Shares of 
       instrument                        20p each 
---  --------------------------------  ----------------------------- 
 b)   Identification code of the        ISIN for Rockrose 
       Financial Instrument              Energy plc: GB00BYNFCH09 
---  --------------------------------  ----------------------------- 
 c)   Nature of the transaction         Acquisition of option 
                                         to acquire Ordinary 
                                         Shares in Rockrose 
                                         Energy plc under Unapproved 
                                         Share Option Scheme 
---  --------------------------------  ----------------------------- 
 d)   Price(s) and volume(s) 
                                          Price: GBP3.71; Volume: 
                                          107,817 
---  --------------------------------  ----------------------------- 
 e)   Aggregated information            N/A 
       - Aggregated volume 
       - Price 
---  --------------------------------  ----------------------------- 
 f)   Date of the transaction           23 May 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:

Camarco

   Billy Clegg                                                              [phone] 

Owen Roberts

Ollie Head

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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May 24, 2018 02:02 ET (06:02 GMT)