BLOCK ENERGY PLC — Remuneration Information 2019

Feb 21, 2019

National Storage Mechanism | Additional information

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RNS Number : 6693Q

RockRose Energy plc

21 February 2019

Rockrose Energy plc ("Rockrose" or the "Company")

Awards under the Rockrose Share Incentive Plan and PDMR dealings

The Company announces that it received notification on 20 February 2019 from Equiniti Share Plan Trustees Limited (the "SIP Trustee") that the SIP Trustee, awarded 3,381 ordinary shares of nominal value 20p each in the capital of the Company ("Ordinary Shares") to participants in the Rockrose Share Incentive Plan (the "SIP"), including those Persons Discharging Managerial Responsibility (each a "PDMR") outlined below, at a price of 570.8333333 pence per share, being the price per share determined under the rules of the SIP.

The SIP award has been satisfied by the issue of 3,381 new Ordinary Shares (the "SIP Shares") to the SIP Trustee at a subscription price of nominal value 20p per share, being the nominal value of the Ordinary Shares. The SIP Shares shall rank equally with the existing issued Ordinary Shares. The SIP Shares will be allocated out of Ordinary Shares the subject of a block listing announced on 24 October 2018.

Each participating employee will acquire Ordinary Shares at market value using the contributions deducted from such employee's pre-tax salary ("Partnership Shares"), and each participating employee will be awarded two free Ordinary Shares for each Partnership Share ("Matching Shares"), paid for by the Company.

Details of the purchaser and awards under the SIP by PDMRs are set out below.  

PDMR	Partnership Share allocation	Matching Share allocation	Resulting voting rights
Andrew Austin	79	158	237
Richard Benmore	79	158	237
Peter Mann	79	158	237
John Morrow	79	158	237
Steve Pawson	79	158	237

The issued share capital of the Company following the above detailed issue of SIP Shares will be 12,593,784 Ordinary Shares. The total number of voting rights in Rockrose will be 12,593,784, 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:

1.

Details of PDMR / person closely associated

a)

Name

(i)           Andrew Austin

(ii)          Richard Benmore

(iii)         John Morrow

(iv)         Peter Mann

(v)          Steve Pawson

2.

Reason for the notification

a)

Position / status

(i)           Executive Chairman

(ii)          Non-Executive Director

(iii)         Non-Executive Director

(iv)         Managing Director

(v)         Finance Director

b)

Initial notification /amendment

Initial notification

3.

Details of the issuer

a)

Name

Rockrose Energy plc

b)

LEI

213800W3DXD7SNOYGG30

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

Ordinary Shares of nominal value 20p each

b)

Identification code of the Financial Instrument

ISIN for Rockrose Energy plc: GB00BYNFCH09

c)

Nature of the transaction

Acquisition of Ordinary Shares in Rockrose Energy plc as under SIP by the SIP Trustee pursuant to the SIP

d)

Price(s) and volume(s)

Price	Volume
i. £5.71	237
ii.      £5.71	237
iii.      £5.71	237
iv.      £5.71	237
v.      £5.71	237

e)

Aggregated information

-     Aggregated volume

-     Price

N/A

f)

Date of the transaction

20 February 2019

g)

Place of the transaction

XLON  

Enquiries

Rockrose Energy plc                            +44 (0)20 3826 4800

Broker:

Hannam & Partners (Advisory) LLP

Giles Fitzpatrick / Andrew Chubb            +44 (0)20 7907 8500

Financial PR:

Celicourt

Mark Antelme / Henry Lerwill                   +44 (0)20 7520 9261

For further information, please visit the Company's website at www.rockroseenergy.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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