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LONDON - Rockhopper Exploration plc (AIM:RKH), an oil and gas company with significant interests in the North Falkland Basin, disclosed that Alison Baker, the Senior Independent (LON:IOG) Director, sold 50,000 ordinary shares. The transaction took place over two days, with half of the shares sold on Wednesday and the remaining on Thursday.
Ms. Baker, who still holds 234,181 shares, representing a 0.036% interest in the company, completed the sale on the London Stock Exchange (LON:LSEG). The shares on Wednesday were sold at £0.47 each, and those on Thursday at £0.471284, totaling £23,532.10.
The sale is in compliance with EU Market Abuse Regulation No 596/2014, which requires prompt disclosure of transactions by persons discharging managerial responsibilities. The company has provided all necessary details regarding the transaction as per regulatory requirements.
Rockhopper has not disclosed the reason behind Ms. Baker’s decision to sell a portion of her shares. The company’s share price and market activities continue to be subject to regular fluctuations inherent to the energy sector.
This report is based on a press release statement issued by Rockhopper Exploration plc.
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