Director/PDMR Shareholding

RNS Number : 6228Z

Solo Oil Plc

03 September 2018

 

FOR IMMEDIATE RELEASE                                                                                       

   3 September 2018

SOLO OIL PLC

("Solo" or the "Company")

Directors' Dealings

PDMR Notification

The Board of Solo has been informed that as at 3 September 2018, 916,624 ordinary shares of 0.2 pence in the Company ("Shares") are held by Mrs Carolyn Fitzpatrick, wife of Jon Fitzpatrick, Non-Executive Director.  Accordingly Mr Fitzpatrick holds Shares as follows:

Shares held indirectly	Shares held directly	Options over Shares	Total number of shares	% of issued share capital
916,624	20,748,377	2,500,000	24,166,001	4.17%

The Board of Solo also announces that it has been notified that Jon Fitzpatrick has today sold 2,960,000 Shares at a price of 2.25p per Share and purchased them back into his SIPP at a price of 2.25p per Share.  There is no change to the total number of Shares held by Mr Fitzpatrick (as set out above) as a result of these transactions.

For further information:

Solo Oil plc Dan Maling	[phone]
Beaumont Cornish Limited Nominated Adviser and Joint Broker Roland Cornish/Rosalind Abrahams/Felicity Geidt	[phone]
Shore Capital Joint Broker Jerry Keen Buchanan (PR) Ben Romney / Chris Judd / Henry Wilson	[phone] [phone]

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Jon Fitzpatrick
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Solo Oil plc
b)	LEI	213800Z1HYXM02FSDM70
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 0.20 pence each in Solo Oil plc ISIN GB00BFIBK408
b)	Nature of the transaction	-     Purchase of ordinary shares by spouse -     Sale of shares -     Purchase of shares
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 2.25p 916,624 2.25p 2,960,000 2.25p 2,960,000
d)	Aggregated information	n/a
e)	Date of the transactions	3 September 2018 3 September 2018 3 September 2018
f)	Place of the transactions	Glasgow

 

END

 

 

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