15 February 2024
Rockwood Strategic plc
("RKW" or the "Company")
Issue of Equity, TVR and Investment Manager Shareholding
Issue of Equity and Total Voting Rights
On 14 February 2024 the Company agreed to issue 1,100,000 ordinary shares of 5 pence each from its blocklisting facility at a price of 197.06 pence per share. The shares will be issued for cash on 16 February 2024.
On 16 February 2024, the Company's issued share capital will consist of 30,346,090 ordinary shares and there are no shares held in treasury. Therefore, the total number of voting rights in the Company will be 30,346,090.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Investment Manager Shareholding
The Company announces that it has been informed that certain investment vehicles connected with Christopher Mills, Chief Executive of the investment manager of the Company, purchased 1,000,000 ordinary shares in the capital of the Company at a price of 197.06 pence per ordinary share on 14 February 2024 as part of the above issuance.
Following the purchase, Mr Mills and the investment vehicles connected with him are interested in a total of 8,340,000 ordinary shares equivalent to 27.48% of Rockwood's issued share capital.
For further information, please contact:
| Rockwood Strategic plc Chairman |
Noel Lamb |
020 7264 4444 |
|
Harwood Capital LLP Investment Manager
|
Christopher Hart |
020 7640 3200 |
| Singer Capital Markets Advisory LLP
| James Maxwell James Fischer
| 020 7496 3000
|
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Christopher Mills | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Executive Officer of the investment manager of the Company | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Rockwood Strategic Plc | ||||
| b)
| LEI
| 213800K6BRTXR7RNG709 | ||||
| 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 the financial instrument, type of instrument
Identification code
| Ordinary shares of 50p each in the Company
GB00BRRD5L66 | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
- Total | N/A - single transaction | ||||
| e)
| Date of the transaction
| 14 February 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market | ||||
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