Soco International PLC
26 September 2007
SOCO International plc
('SOCO' or 'the Company')
DIRECTOR/PDMR SHAREHOLDING
The Company announces that Mr Rui de Sousa, Non-Executive Chairman of the
Company, acquired 40,652 SOCO International plc ordinary shares of £0.20 each
('Shares') on 25 September 2007.
The Shares were acquired as a result of an exercise of 40,652 warrants to
subscribe for ordinary shares in the Company at a subscription price of £0.55
per share ('Warrants') by New Falcon Oil Limited, a company in which Mr de Sousa
owns 100% of the issued share capital, and the subsequent transfer of the Shares
from New Falcon Oil Limited to Mr de Sousa.
Following these transactions, Mr de Sousa has an interest in 769,576 Shares,
representing 1.06% of the issued share capital of the Company and 1,509,201
Warrants. This interest is held as follows:
• 48,152 Shares (0.07%) are held by Mr de Sousa;
• 721,424 Shares (0.99%) and 55,336 Warrants at an exercise price of £0.55,
925,187 Warrants at an exercise price of £0.60 and 528,678 Warrants at an
exercise price of £0.65 are held by Palamos Limited, which is owned by a
trust company whose potential beneficiary is the family of Mr de Sousa.
Contact: Carol Fan 020 7747 2000
This information is provided by RNS
The company news service from the London Stock Exchange
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