Rockhopper still working with Zodiac despite reaching long-stop date
By Josh White
Date: Tuesday 30 Jun 2026
(Sharecast News) - Rockhopper Exploration said on Tuesday that the long-stop date for the sale of its Italian assets to Zodiac Energy had been reached without Italian regulatory approval being received.
The AIM-traded company agreed in October 2024 to sell Rockhopper Civita, which holds all of its Italian assets and liabilities except for the Ombrina Mare arbitration.
Approval from the Falkland Islands Government has been received, but Italian regulatory consent remained outstanding as at 30 June 2026.
Rockhopper said the share purchase agreement remained in force, although both parties now had the option to withdraw from the transaction.
It said it and Zodiac were continuing to work to satisfy the Italian regulator's requirements.
At 1146 BST, shares in Rockhopper Exploration were up 0.72% at 70.3p.
Reporting by Josh White for Sharecast.com.
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