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Rockhopper issues 20m shares in warrant exercise

Rockhopper Exploration plc issued a total of 20,349,328 ordinary shares of £0.01 each pursuant to the final exercise of warrants issued as part of the capital raising in June 2022.

A total 57,176,012 warrants were exercised prior to the expiry date of 31 December 2023 raising gross proceeds of approximately £5.146m since July 2022.

The company issued 60,917,237 warrants to shareholders who participated in the June 2022 capital raising, of which 93.9% were exercised.

As at 8 January 2024, Rockhopper’s issued ordinary share capital consisted of 640,578,764 ordinary shares of £0.01 each with one voting right. The company holds no shares in treasury.