Awards under Share Incentive Plan & PDMR dealings
11 May 2020
Rockrose Energy plc
("Rockrose" or the "Company")
Awards under the Rockrose Share Incentive Plan and PDMR dealings
The Company announces that it received an application on 7 May 2020 from Equiniti Share Plan Trustees Limited (the "SIP Trustee") in relation to the allotment of 1,741 ordinary shares of nominal value 20 pence each in the capital of the Company ("Ordinary Shares") for the benefit of participants in the Rockrose Share Incentive Plan (the "SIP"), including those Persons Discharging Managerial Responsibility of the Company (each, a "PDMR") outlined below in accordance with the rules of the SIP (the "SIP Shares").
The SIP Shares have been satisfied by the issue of 1,741 new Ordinary Shares to the SIP Trustee. The SIP Shares shall rank equally with the existing issued Ordinary Shares. The SIP Shares shall be allocated out of Ordinary Shares the subject of a block listing the subject of a block listing, the most recent six-monthly return in respect of which was announced on 7 May 2020.
Each participating employee will acquire Ordinary Shares at a price of 20 pence per share using the cash dividends arising from the participating employee's shares held under the SIP ("Dividend Shares").
Details of the Dividend Shares allotted to PDMRs under the SIP are set out below.
Name of PDMR
Dividend Share allocation
Resulting voting rights
The issued share capital of the Company following the above detailed issue of SIP Shares will be 13,131,582 Ordinary Shares. The total number of voting rights in Rockrose will be 13,131,582, which should be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in Rockrose under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014:
Details of PDMR / person closely associated
(i) Andrew Austin
(ii) Richard Benmore
(iii) John Morrow
(iv) Peter Mann
(v) Richard Slape
Reason for the notification
Position / status
(i) Executive Chairman
(ii) Non-Executive Director
(iii) Non-Executive Director
(iv) Managing Director
(v) Chief Financial Officer
Initial notification /amendment
Details of the issuer
Rockrose Energy plc
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
Description of the financial instrument
Ordinary Shares of nominal value 20 pence each
Identification code of the Financial Instrument
ISIN for Rockrose Energy plc: GB00BYNFCH09
Nature of the transaction
Acquisition of Ordinary Shares in Rockrose Energy plc as under SIP by the SIP Trustee pursuant to the SIP
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
7 May 2020
Place of the transaction
Rockrose Energy plc +44 (0)20 3826 4800
Hannam & Partners (Advisory) LLP
Giles Fitzpatrick / Andrew Chubb +44 (0)20 7907 8500
Mark Antelme / Philip Dennis / Ollie Mills +44 (0)20 8434 2643
For further information, please visit the Company's website at www.rockroseenergy.com.
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