BLOCK ENERGY PLC — Remuneration Information 2019

Aug 22, 2019

National Storage Mechanism | Additional information

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RNS Number : 8455J

RockRose Energy plc

22 August 2019

22 August 2019

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 20 August 2019 from Equiniti Share Plan Trustees Limited (the "SIP Trustee") in relation to the allotment of 2,685 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 Award").

The SIP Award has been satisfied by the issue of 2,685 new Ordinary Shares (the "SIP 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 most recent six monthly return in respect of which was announced on 1 May 2019.

Each participating employee will acquire Ordinary Shares at a price of 815 pence per share (determined in accordance with the calculation formula set out in the rules of the SIP) 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 Partnership Shares and Matching Shares allotted to PDMRs under the SIP are set out below.  

Name of PDMR	Partnership Share allocation	Matching Share allocation	Resulting voting rights
Andrew Austin	55	110	165
Richard Benmore	55	110	165
Peter Mann	55	110	165
John Morrow	55	110	165
Steve Pawson	55	110	165

The issued share capital of the Company following the above detailed issue of SIP Shares will be 13,093,280 Ordinary Shares. The total number of voting rights in Rockrose will be 13,093,280, 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 20 pence 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(s)	Volume(s)
i. £8.15    £0.00	55 110
ii. £8.15  £0.00	55 110
iii. £8.15   £0.00	55 110
iv. £8.15  £0.00	55 110
v. £8.15 £0.00	55 110

e)

Aggregated information

-     Aggregated volume

-     Price

N/A

f)

Date of the transaction

21 August 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 / Ollie Mills                              +44 (0)20 8434 2643

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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