Issue of Equity, Investment Manager Shareholding

Rockwood Strategic PLC

15 February 2024

 

15 February 2024

Rockwood Strategic plc
("RKW" or the "Company")

Issue of Equity, TVR and Investment Manager Shareholding

Issue of Equity and Total Voting Rights

On 14 February 2024 the Company agreed to issue 1,100,000 ordinary shares of 5 pence each from its blocklisting facility at a price of 197.06 pence per share. The shares will be issued for cash on 16 February 2024.

On 16 February 2024, the Company's issued share capital will consist of 30,346,090 ordinary shares and there are no shares held in treasury. Therefore, the total number of voting rights in the Company will be 30,346,090.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Investment Manager Shareholding

The Company announces that it has been informed that certain investment vehicles connected with Christopher Mills, Chief Executive of the investment manager of the Company, purchased 1,000,000 ordinary shares in the capital of the Company at a price of 197.06 pence per ordinary share on 14 February 2024 as part of the above issuance.

Following the purchase, Mr Mills and the investment vehicles connected with him are interested in a total of 8,340,000 ordinary shares equivalent to 27.48% of Rockwood's issued share capital.

For further information, please contact:

Rockwood Strategic plc Chairman	Noel Lamb	020 7264 4444
Harwood Capital LLP Investment Manager	Christopher Hart	020 7640 3200
Singer Capital Markets Advisory LLP	James Maxwell James Fischer	020 7496 3000

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Mills
2	Reason for the notification
a)	Position/status	Chief Executive Officer of the investment manager of the Company
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rockwood Strategic Plc
b)	LEI	213800K6BRTXR7RNG709
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 50p each in the Company GB00BRRD5L66
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 197.06p 1,000,000
d)	Aggregated information - Aggregated volume - Price - Total	N/A - single transaction
e)	Date of the transaction	14 February 2024
f)	Place of the transaction	London Stock Exchange, Main Market

 

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