Soco International PLC
18 December 2006
SOCO International plc
('SOCO' or 'the Company')
DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY SHAREHOLDINGS
Awards under the Company's Incentive Plans
SOCO announces that awards under the SOCO International plc Long Term Incentive
Plan (LTIP) were made on 18 December 2006 to Mr Ed Story, Mr Roger Cagle and Mrs
Cynthia Cagle of 55,600, 41,700 and 28,400 ordinary shares of £0.20 each
(Shares), respectively. Additionally, an award of options over 50,000 Shares was
granted to Mr Antony Maris under the SOCO 1997 Company Share Option Plan,
exerciseable at an option price of £14.40 per Share. Up to 100% of these LTIP
and option awards will be capable of vesting from 18 December 2009 provided
certain performance conditions are met. At the date of the awards the market
price of the Shares was £14.40.
Contacts:
SOCO International plc
Carol Fan, 020 7747 2000
Pelham Public Relations
James Henderson, 020 7743 6673
This information is provided by RNS
The company news service from the London Stock Exchange
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