Director/PDMR Shareholding

RNS Number : 1745S

Soco International PLC

29 September 2017

 

SOCO International plc

("SOCO" or the "Company")

Director/PDMR Shareholding

The Company was notified yesterday that, on the same day, Quantic Limited, which is a Closely Associated Person to Rui de Sousa, Chairman of the SOCO Board of Directors, acquired a further 550,000 SOCO Ordinary Shares, which had been previously held by Mr de Sousa personally, at a purchase price of £1.18 per shares.

As a result of this transaction, Rui de Sousa's interests in the voting rights of the Company are unchanged and he continues to be interested in a total of of 9,648,324 Shares, representing 2.91% of the voting rights and issued share capital of the Company, of which

·     8,708,820 Shares (2.62%) are held by Palamos Limited, a closely associated person to Rui de Sousa;

·     939,504 Shares (0.28%) are held by Quantic Limited, a closely associated person to Rui de Sousa.

Contact: Carol Fan, SOCO International plc, Tel [phone]

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED WITH THEM

1 Details of the person discharging managerial responsibilities/person closely associated

a) Name                                                                       Rui de Sousa

2 Reason for the notification

a) Position/status                                                    Quantic Limited, a closely associated person to Rui de Sousa, Chairman of the Board

b) Initial notification/Amendment                    Initial Notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name                                                                       SOCO International plc

b) LEI                                                                             549300DDKLXYLLO4N524

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                                                   Ordinary Shares of £0.05 each

Identification code                                                   GB00B572ZV91

b) Nature of the transaction                               Acquisition by Quantic Limited and Disposal by Rui de Sousa

c) Price(s) and volume(s)

Price(s)                                                                         £1.18

Volume(s)                                                                   550,000

d) Aggregated information

- Aggregated volume                                             550,000

- Price                                                                            649,000

e) Date of the transaction                                    28 September 2017

f) Place of the transaction                                    Outside of a trading venue

 

END

 

 

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