Director/PDMR Shareholding

RNS Number : 2348S

Soco International PLC

08 March 2019

 

8 March 2019

SOCO International plc

("SOCO" or "the Company")

DIRECTORS/PDMR SHAREHOLDINGS

Awards under the Company's Long Term Incentive Plan

The Company announces that on 7 March 2019, its Persons Discharging Managerial Responsibilities ("PDMRs") were granted the following nil-cost share awards over ordinary shares of £0.05 each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"):

PDMRs	Position	No of LTIP awards granted
Ed Story	Chief Executive Officer	2,040,087
Jann Brown	Managing Director and Chief Financial Officer	1,306,240
Dr Mike Watts	Managing Director	1,306,240
Antony Maris	Chief Operating Officer	1,015,965

These awards will generally vest over three years from the date of grant, subject to the satisfaction of certain performance conditions and, in relation to Executive Directors, a subsequent two year holding period.

For further information, please contact:

Tony Hunter

Company Secretary

+ 44 (0)207 603 1515

1	Details of the person discharging managerial responsibilities
a)	Name	ED STORY
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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 Identification code	ORDINARY SHARES OF £0.05 EACH GB00B572ZV91
b)	Nature of the transaction	Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 2,040,087
d)	Aggregated information	N/A single transaction
e)	Date of the transaction	07/03/2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities
a)	Name	JANN BROWN
2	Reason for the notification
a)	Position/status	Managing Director and Chief Financial Officer
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 Identification code	ORDINARY SHARES OF £0.05 EACH GB00B572ZV91
b)	Nature of the transaction	Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 1,306,240
d)	Aggregated information	N/A single transaction
e)	Date of the transaction	07/03/2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities
a)	Name	MIKE WATTS
2	Reason for the notification
a)	Position/status	Managing Director
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 Identification code	ORDINARY SHARES OF £0.05 EACH GB00B572ZV91
b)	Nature of the transaction	Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 1,306,240
d)	Aggregated information	N/A single transaction
e)	Date of the transaction	07/03/2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities
a)	Name	ANTONY MARIS
2	Reason for the notification
a)	Position/status	Chief Operating Officer
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 Identification code	ORDINARY SHARES OF £0.05 EACH GB00B572ZV91
b)	Nature of the transaction	Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 1,015,965
d)	Aggregated information	N/A single transaction
e)	Date of the transaction	07/03/2019
f)	Place of the transaction	Outside a trading venue

 

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