Director/PDMR Shareholding

RNS Number : 7862S

Soco International PLC

14 March 2019

 

14 March 2019

SOCO International plc

("SOCO" or the "Company")

Director/PDMR Shareholding

The Company was notified on 13 March that, on the same day, Rui de Sousa, Chairman of the SOCO Board of Directors, transferred for nil consideration, 469,752 SOCO International plc ordinary shares of £0.05 each ("Shares") which had been held by Mr de Sousa personally, to Palamos Limited, which is a Closely Associated Person to Rui de Sousa.

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 9,178,572 Shares, representing 2.77% of the issued share capital of the Company (excluding Shares held in treasury), all of which are held by Palamos Limited, a Closely Associated Person to Rui de Sousa.

Contact: Tony Hunter, SOCO International plc, Tel [phone]

1	Details of the person discharging managerial responsibilities
a)	Name	Rui de Sousa
2	Reason for the notification
a)	Position/status	Rui de Sousa, Chairman of the Board of whom Palamos Limited is a Closely Associated Person.
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	Transfer of Shares by Rui de Sousa to Palamos Limited (a person closely associated to Rui de Sousa)
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 469,752
d)	Aggregated information - Aggregated volume - Price	N/A (Single transaction)
e)	Date of the transaction	13/03/2019
f)	Place of the transaction	Outside a trading venue

 

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