Director/PDMR Shareholding

RNS Number : 8551R

Riverstone Energy Limited

14 December 2016

 

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, 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 /Amendment	Initial
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 of the financial instrument, type of instrument Identification code	Ordinary Shares GG00BBHXCL35
b)	Nature of the transaction	Purchase pursuant to the Share Purchase Programme announced on 27 October 2016.
c)	Volume(s) and Price(s)	N/A
d.1)	Aggregated information - Aggregated volume - Price - Principal amount	15,000 shares GBP £13.0337 GBP £195,505.50
d.2)	Date of the transaction	12 December 2016
e.1)	Aggregated information - Aggregated volume - Price - Principal amount	16,000 shares GBP £12.9505 GBP £207,208.00
e.2)	Date of the transaction	13 December 2016
f.)	Place of the transaction(s)	London Stock Exchange

Enquiries

For Riverstone Energy Limited:

Brian Potskowski Natasha Fowlie [phone]

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.  To date, REL has made 17 investments spanning conventional and unconventional oil and gas activities in the Gulf of Mexico, Continental U.S., Western Canada, the U.K. North Sea, the Norwegian Sea, 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.

 

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