Director/PDMR Shareholding

RNS Number : 2615Q

Riverstone Energy Limited

04 June 2018

 

RIVERSTONE ENERGY LIMITED

 ("REL" or the "Company")

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

The Company has been notified that Riverstone Energy Limited Capital Partners, LP, a PCA of the Company, has sold 1,591 ordinary shares in the Company.  REL Coinvestment, LP, a PCA of the Company has sold 6,186 ordinary shares in the Company.  The Company has further notified that Mr Pierre F. Lapeyre, Jr., a PDMR of the Company has purchased a total of 7,777 shares in 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	Shareholder
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	Sale  of Shares
c)	Volume(s) and Price(s)	Shareholder	Price(s)	Volume(s)
		Riverstone Energy Limited Capital Partners, LP	GBP £12.59 per share	1,591
d.1)	Aggregated information - Aggregated volume - Price - Principal amount	1,591 shares GBP £ 12.59 GBP £ 20,030.69
d.2)	Date of the transaction	30 May 2018
f.)	Place of the transaction(s)	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	REL Coinvestment, LP
2	Reason for the notification
a)	Position/status	Shareholder
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	Sale  of Shares
c)	Volume(s) and Price(s)	Shareholder	Price(s)	Volume(s)
		REL Coinvestment, LP	GBP £12.59 per share	6,186
d.1)	Aggregated information - Aggregated volume - Price - Principal amount	6,186 shares GBP £ 12.59 GBP £ 77,881.74
d.2)	Date of the transaction	30 May 2018
f.)	Place of the transaction(s)	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Pierre F. Lapeyre, Jr.
2	Reason for the notification
a)	Position/status	Director
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
c)	Volume(s) and Price(s)	Shareholder	Price(s)	Volume(s)
		Pierre F. Lapeyre, Jr.	GBP £12.59 per share	7,777
d.1)	Aggregated information - Aggregated volume - Price - Principal amount	7,777 shares GBP £ 12.59 GBP £ 97,912.43
d.2)	Date of the transaction	30 May 3018
f.)	Place of the transaction(s)	London Stock Exchange

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.  REL has 13 active investments spanning conventional and unconventional oil and gas activities in the Continental U.S., Western Canada, Gulf of Mexico, 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.

Media Contacts:

Riverstone Energy Limited:

Brian Potskowski

Natasha Fowlie

[phone]

 

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