Riverstone Energy Limited Director/PDMR Shareholding (5290U)
30 March 2019 - 12:45AM
UK Regulatory
TIDMRSE
RNS Number : 5290U
Riverstone Energy Limited
29 March 2019
Notification of Transactions of Persons Closely Associated With
Persons Discharging Managerial Responsibilities (PDMRs)
Riverstone Energy Limited (the "Company") has been notified that
Riverstone Energy Limited Capital Partners LP ("RELCP"), a person
closely associated with each of David Leuschen, Pierre Lapeyre, Jr.
and Kenneth Ryan, has acquired ordinary shares of the Company.
Details of the transaction(s) can be found in the Notification
of Dealing Form below.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Riverstone Energy Limited Capital Partners
LP
========================
2 Reason for the notification
a) Position/status Person closely associated with each
of David Leuschen, Pierre Lapeyre, Jr.
and Kenneth Ryan, all directors of Riverstone
Energy Limited
========================
b) Initial notification Initial
/Amendment
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Riverstone Energy Limited
b) LEI 213800HAZOW1AWRSZR47
========================
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
a) Description of Ordinary Shares
the financial
instrument, type
of instrument GG00BBHXCL35
Identification
code
========================
b) Nature of the Purchase which represents the performance
transaction allocation payment due to RELCP pursuant
to the sale of 100% of its membership
interests in Sierra Oil & Gas announced
by the Company on 5 December 2018.
c) Volume(s) and N/A
Price(s)
========================
d.1) Aggregated information
- Aggregated
volume 115,414 shares
- Price GBP GBP9.49
- Principal amount GBP GBP1,095,278.86
d.2) Date of the transaction 27 March 2019
========================
e.) Place of the London Stock Exchange
transaction(s)
===== ======================== ===============================================
About Riverstone Energy Limited:
REL is a closed-ended investment company that invests
exclusively in the global energy industry, with a particular focus
on the exploration & production and midstream sectors. REL aims
to capitalise on the opportunities presented by Riverstone's energy
investment platform. REL is a member of the FTSE 250 and its
ordinary shares are listed on the London Stock Exchange, trading
under the symbol RSE. REL has 11 active investments spanning
conventional and unconventional oil and gas activities in the
Continental U.S., Western Canada, Gulf of Mexico and credit.
For further details, see www.RiverstoneREL.com
Neither the contents of Riverstone Energy Limited's website nor
the contents of any website accessible from hyperlinks on the
websites (or any other website) is incorporated into, or forms part
of, this announcement.
Media Contacts
For Riverstone Energy Limited:
Natasha Fowlie
Fraser Johnston-Donne
+44 20 3206 6300
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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