Director/PDMR Shareholding

RNS Number : 4129Z

Riverstone Energy Limited

18 September 2020

 

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

Riverstone Energy Limited (the "Company") has been notified that Riverstone Energy Limited Capital Partners LP ("RELCP"), a person closely associated ("PCA") with each of David Leuschen, Pierre Lapeyre, Jr. and Kenneth Ryan has acquired 68,308 ordinary shares in the Company. The acquisition of shares represents the reinvestment of a portion of the net performance allocation due to RELCP following the realisation of the Company's investments in Three Rivers Natural Resources Holdings III, LLC, Sierra Oil and Gas Holdings L.P. and Rock Oil Holdings, LLC (the "Realisations"). Further details are set out in the announcement made by the Company on 9 September 2020. 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 of whom are 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 of shares representing the reinvestment of a portion of the net performance allocation due to RELCP following the Realisations
1 c )	Volume(s) and Price(s)	Shareholder	Price(s)	Volume(s)
		Riverstone Energy Limited Capital Partners LP	GBP 2.7507	3,119
d.1)	Aggregated information - Aggregated volume - Price - Principal amount	3,119 shares GBP 2.7507 GBP 8,579.43
d.2)	Date of the transaction	15 September 2020
f.)	Place of the transaction(s)	London Stock Exchange
2 c)	Volume(s) and Price(s)	Shareholder	Price(s)	Volume(s)
		Riverstone Energy Limited Capital Partners LP	GBP 2.8350	400
d.1)	Aggregated information - Aggregated volume - Price - Principal amount	400 shares GBP 2.8350 GBP 1,134.00
d.2)	Date of the transaction	16 September 2020
f.)	Place of the transaction(s)	London Stock Exchange
3 c)	Volume(s) and Price(s)	Shareholder	Price(s)	Volume(s)
		Riverstone Energy Limited Capital Partners LP	GBP 3.0511	64,789
d.1)	Aggregated information - Aggregated volume - Price - Principal amount	64,789 shares GBP 3.0511 GBP 197,677.72
d.2)	Date of the transaction	17 September 2020
f.)	Place of the transaction(s)	London Stock Exchange

 

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