Extractive Industries

Red Rock notes directors’ dealings

Red Rock Resources plc has issued 5,038,253 ordinary shares of £0.0001 each in the company under its share incentive plan (SIP) for the 2021/22 tax year.

DIRECTORS’ PARTICIPATION

The company said that this was agreed by the trustees in their meeting held on 1 April 2022 and approved by the board of directors yesterday, 5 May.

Four directors participated in the shares purchase and award of 7,189,829 new ordinary shares.

DirectorsNew Ordinary SharesOrdinary Shares Post IssuanceTotal Shares % of Enlarged Issued Share CapitalOptions Warrants
DirectIndirect*
Andrew R M Bell 2,117,645 34,316,88317,514,132 51,831,015 4.22 %25,880,000
Alexander Borrelli847,058847,058847,058 0.07%
Scott Kaintz2,117,645 3,072,09317,514,132 20,586,225 1.68%17,840,000
Sam Quinn2,107,4812,656,76615,529,42518,186,191 1.48%3,450,000
* These shares are held on the director’s behalf by Red Rock Resources plc’s share incentive plan trustees (Red Rock Resources)

Red Rock added that 3,845,692 unallocated pool shares had been utilised partially to cover the total allocations under the SIP, reducing the required amount of new shares issued to 5,038,253.

Following the issue of the new ordinary shares, Red Rock’s issued ordinary share capital will comprise 1,227,867,054 ordinary shares.

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