Business
Option Exercise, Director Dea
Option Exercise, Director Dea.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n RNS Number : 4914G Red Rock Resources plc 01 February 2010 \n \n\n \nRED ROCK RESOURCES PLC\n \nDirector's Dealing, Exercise of Options and Issue of Equity\n \nDated: 1 February 2010\n \nRed Rock Resources PLC (\"Red Rock\" or the \"Company\") was notified on 29 January 2010 that Andrew Bell, Chairman of the Company, disposed of 200,000 ordinary 0.1p shares (\"Ordinary Shares\") in the Company at an average price of 1.45 pence per Ordinary Share on that same day.\n \nAndrew Bell also exercised 200,000 options to subscribe for Ordinary Shares in the Company at a price of 1 pence per share (\"New Ordinary Shares\") on 29 January 2010.\n \nFollowing this disposal and exercise of options, Andrew Bell holds no interest in the Ordinary Shares in the Company.\n \nMr. Bell remains interested in the following options to subscribe for the Company's Ordinary Shares.\n \n\n\n\n\n \n\n\nNumber of Options\n\n\nExpiry Date\n\n\nExercise Price\n\n\n\n\nAndrew Bell\n\n\n10,000,000\n\n\n3 June 2014\n\n\n1.1 pence\n\n\n\n\n \n\n\n1,800,000\n\n\n31 May 2010\n\n\n1 pence\n\n\n\n\n \n\n\n3,000,000\n\n\n31 May 2011\n\n\n1.25 pence\n\n\n\n\n \n\n\n750,000\n\n\n11 May 2012\n\n\n3.5 pence\n\n\n\n\n \nApplication will been made for the New Ordinary Shares, which rank pari passu with the Company's existing issued ordinary share capital, to be admitted to trading on AIM. It is expected that the admission of the New Ordinary Shares to trading on AIM will occur on 5 February 2010.\n \nFollowing the issue and allotment of the new Ordinary Shares, the Company will have 566,353,142 ordinary shares in issue.\n \nEnquiries:\n\n\n\n\nAndrew Bell\n\n\n0207 402 4580\nor\n07766 474849\n \n\n\nRed Rock Resources plc \n\n\nChairman\n\n\n\n\nPeter Trevelyan-Clark / \nBen Jeynes\n \n\n\n020 7444 0800\n\n\nBlomfield Corporate Finance\n Ltd\n \n\n\nNominated Adviser\n\n\n\n\nNick Emerson\n\n\n01483 413500\n\n\nSimple Investments Ltd\n \n\n\nBroker\n\n\n\n\nRon Marshman\n \n\n\n020 7011 9411\n\n\nLothbury Financial Limited\n\n\nPublic Relations\n\n\n\n\nUpdates on the Company's activities are regularly posted on its website, www.rrrplc.com.\n \n\nThis information is provided by RNSThe company news service from the London Stock ...