7th Apr 2014 17:30
LONDON (Alliance News) - Red Rock Resources PLC said Monday that the board Board of Directors approved the issue of 15,711,999 ordinary shares under the company Share Incentive Plan.
In respect of the 2013/2014 tax year, each Director has purchased 400,000 Partnership Shares and have each been awarded 800,000 Matching Shares, said the firm.
Details of the awarded shares and resulting shareholdings are below.
Directors |
Number of Partnership Shares Purchased |
Number of Matching Shares Awarded | Total Ordinary Shares in the Company | % of Issued Share Capital | ||
Direct
| Indirect*
| Total
| ||||
Andrew R M Bell | 400,000 | 800,000 | 1,063,830 | 2,878,482 | 3,942,312 | 0.23% |
James F Ladner | 400,000 | 800,000 | - | 3,514,747 | 3,514,747 | 0.21% |
Michael C Nott | 400,000 | 800,000 | 1,325,000 | 3,313,482 | 4,638,482 | 0.27% |
John Watkins | 400,000 | 800,000 | 1,250,000 | 4,738,482 | 5,988,482 | 0.35% |
Shares in Red Rock Resources closed 0.34 pence, down 9.3%, Monday.
By Alice Attwood; [email protected]; @AliceAtAlliance
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