REG - Rockhopper Exp plc - Monetisation of Arbitration Award Update

Rockhopper ExplorationAnnouncement

17/06/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240617:nRSQ5981Sa&default-theme=true

RNS Number : 5981S  Rockhopper Exploration plc  17 June 2024

17 June 2024

 

Rockhopper Exploration plc

("Rockhopper", the "Group" or the "Company")

 

Satisfaction of Precent Conditions for the Ombrina Mare Monetisation
Transaction

 

Rockhopper Exploration plc is pleased to provide the following update in
relation to the monetisation of its Ombrina Mare Arbitration Award (the
"Transaction") announced on 20 December 2023.

 

All required precedent conditions to the Transaction have now been
satisfied.  Under the terms of the Transaction, the Tranche 1 payment is due
within 5 business days.

 

Further updates will be provided in due course.

 

 

Enquiries:

 

Rockhopper Exploration plc

Sam Moody - Chief Executive Officer

Tel. +44 (0) 20 7390 0234 (via Vigo Consulting)

 

Canaccord Genuity Limited (NOMAD and Joint Broker)

Henry Fitzgerald-O'Connor/James Asensio/Ana Ercegovic

Tel. +44 (0) 20 7523 8000

 

Peel Hunt LLP (Joint Broker)

Richard Crichton/Georgia Langoulant

Tel. +44 (0) 20 7418 8900

 

Vigo Consulting

Patrick d'Ancona/Ben Simons/Fiona Hetherington

Tel. +44 (0) 20 7390 0234

 

 

 

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCGPUMPQUPCGBQ