Director/PDMR Shareholding

RNS Number : 5290U

Riverstone Energy Limited

29 March 2019

 

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 ("RELCP"), 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 which represents the performance allocation payment due to RELCP pursuant to the sale of 100% of its membership interests in Sierra Oil & Gas announced by the Company on 5 December 2018.
c)	Volume(s) and Price(s)	N/A
d.1)	Aggregated information - Aggregated volume - Price - Principal amount	115,414 shares GBP £9.49 GBP £1,095,278.86
d.2)	Date of the transaction	27 March 2019
e.)	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 11 active investments spanning conventional and unconventional oil and gas activities in the Continental U.S., Western Canada, Gulf of 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

For Riverstone Energy Limited:

Natasha Fowlie

Fraser Johnston-Donne

[phone]

 

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