23 November 2015
SOCO International plc
("SOCO" or "the Company")
The Company announces that on 20 November 2015, it was notified that on 18 November 2015 Mr Rui de Sousa, Non-Executive Chairman of the Company, became interested in a further 200,000 SOCO ordinary shares of £0.05 each ("Shares"), representing 0.06% of the issued share capital of the Company (excluding treasury shares).
The Shares were purchased on the open market of the London Stock Exchange at a purchase price of £1.49897 each by Quantic Limited, a connected person to Mr de Sousa.
Following this transaction, Mr de Sousa is interested in 9,648,324 Shares, representing 2.91% of the issued share capital of the Company (excluding treasury shares). This interest comprises the following:
· 550,000 Shares (0.17%) are held by Mr de Sousa personally.
· 389,504 Shares (0.12%) are held by Quantic Limited, a connected person to Mr de Sousa.
· 8,708,820 Shares (2.62%) are held by Palamos Limited, a connected person to Mr de Sousa.
Contact: Carol Fan, SOCO International plc, tel 020 7747 2000