Director Share Purchases

RNS Number : 2882P

Rockhopper Exploration plc

08 June 2020

 

8 June 2020

Rockhopper Exploration plc

("Rockhopper" or the "Company")

Director Share Purchases

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, announces that, on 5 June 2020, the Company's non-executive directors purchased, in aggregate, 292,744 ordinary shares of £0.01 each in the Company in line with their commitment, as announced on 19 May 2020, that 20 per cent of their fees, after tax and national insurance, will be used to purchase shares in the Company.

A summary of the purchases appears below: 

Director	Price (pence)	Number of shares purchased	Total number of shares held following purchases	% of issued share capital following purchases
Keith Lough (Chairman)	£0.0808	148,515	228,515	0.05
Alison Baker (Senior Independent Director)	£0.0885	70,000	70,000	0.02
John Summers (Non-Executive Director)	£0.0808	74,229	318,329	0.07

  Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014 in relation to the acquisition of Shares by certain Directors in their capacity as persons discharging managerial responsibilities (PDMRs): 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Keith Lough
2	Reason for the notification
a)	Position/status	Chairman
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 instrument, type of instrument Identification code	Ordinary Shares of 1 pence each GB00BOFVQX23
b)	Nature of the transaction	Acquisition of Shares
c)	Price(s) and volume(s)	Date of transaction: 5 June 2020 Price: £0.0808 Volume: 148,515
d)	Aggregated information	Date of transaction: 5 June 2020 Aggregated volume: 148,515 Price: £12,000.01
e)	Date of the transaction	5 June 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alison Baker
2	Reason for the notification
a)	Position/status	Non-Executive Director
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 instrument, type of instrument Identification code	Ordinary Shares of 1 pence each GB00BOFVQX23
b)	Nature of the transaction	Acquisition of Shares
c)	Price(s) and volume(s)	Date of transaction: 5 June 2020 Price: £0.0885 Volume: 70,000
d)	Aggregated information	Date of transaction: 5 June 2020 Aggregated volume: 70,000 Price: £6,195.00
e)	Date of the transaction	5 June 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	John Summers
2	Reason for the notification
a)	Position/status	Non-Executive Director
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 instrument, type of instrument Identification code	Ordinary Shares of 1 pence each GB00BOFVQX23
b)	Nature of the transaction	Acquisition of Shares
c)	Price(s) and volume(s)	Date of transaction: 5 June 2020 Price: £0.0808 Volume: 74,229
d)	Aggregated information	Date of transaction: 5 June 2020 Aggregated volume: 74,229 Price: £5,997.70
e)	Date of the transaction	5 June 2020
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Rockhopper Exploration plc

Sam Moody - Chief Executive Officer

Stewart MacDonald - Chief Financial Officer

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]

 

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