RockRose Energy plc Transfer of Shares (2327H)

TIDMRRE

RNS Number : 2327H

RockRose Energy plc

16 August 2016

RockRose Energy plc

Transfer of Shares

Andrew Austin, Chairman of RockRose Energy ("RockRose" or the "Company") is transferring 347,000 of his ordinary shares in RockRose to the Company's Employee Benefit Trust in order to incentivise future hires with no dilutive effect on the other shareholders. In addition, Andrew Austin is transferring 700,000 of his shares in RockRose into his SIPP. The transfers will take Andrew's beneficial holding from 2,342,002 (23.42%) to 1,995,002 (19.95%). For the avoidance of doubt the shares transferring to the SIPP (which is a transfer of merely legal and not beneficial interest) and to the Employee Benefit Trust are subject to the same lock-in conditions which apply to Andrew Austin's shares, as set out on page 62 of the Prospectus.

Ends

Enquiries:

 
 RockRose Energy plc 
  Andrew Austin, Executive 
  Chairman                     +44 (0)20 3826 4800 
 Macquarie Capital (Europe) 
  Limited 
  Ken Fleming 
  Nick Donovan                   +44 (0)20 3037 2000 
 Financial PR 
  Camarco 
  Billy Clegg 
  Georgia Mann                   +44 (0) 20 3757 4980

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 16, 2016 02:15 ET (06:15 GMT)

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