Director's Dealing

RNS Number : 7185L

Rockhopper Exploration plc

15 January 2009

 

PRESS RELEASE

Director's Dealing

Rockhopper Exploration plc ('Rockhopper' or the 'Company') announces that on 13 January 2009 it received notification from Mr. Richard Visick, a non-executive director of the Company, that on 6 December 2008, 1,000,000 of his beneficially held ordinary shares of GBP0.01 each in the Company ('Ordinary Shares'), representing 1.24 per cent. of the issued Ordinary Share capital of the Company, were secured in favour of an FSA authorised asset manager of which he is a private client as part of general security arrangements in respect of credit provided to him by the asset manager. Mr. Visick remains the registered holder and beneficial owner of all of the Ordinary Shares referred to above (being 1,000,000 Ordinary Shares), and retains control of the voting rights attached to such Ordinary Shares.

Mr. Visick is interested in 17,982,443 Ordinary Shares representing 22.33 per cent. of the issued Ordinary Share capital of the Company. 192,500 of these Ordinary Shares, representing 0.24 per cent. of the issued Ordinary Share capital of the Company, are held in the name of Legal and Commercial Trustee Retirement Benefit Scheme (pension fund), of which Mr. Visick is a trustee and beneficiary. In addition, 512,508 of these Ordinary Shares, representing 0.64 per cent. of the issued Ordinary Share capital of the Company, are held in Mr. Visick's IPS pension fund, of which he is the sole beneficiary.

No other director of the Company has granted security over or entered into any financial instruments relating to any of their holdings of Ordinary Shares in the Company.

For further information, please contact:

Rockhopper Exploration plc            www.rockhopperexploration.co.uk 

Sam Moody - Managing Director         01722 414 419

Aquila Financial Ltd                           www.aquila-financial.com 

Peter Reilly                                           0118 979 4100

Teathers

Tom Hulme / Sebastian Jones            020 7426 9000

Notes to editors

www.rockhopperexploration.co.uk

The Rockhopper Group started trading in February 2004 to invest in and carry out an offshore oil exploration programme to the north of the Falkland Islands. The Group, floated on AIM in August 2005, has a 100 per cent. interest in four offshore production licences which cover approximately 3,800 sq. km. These licences have been granted by the Falkland Islands government.

 

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