7 February 2014
Sound Oil plc
("Sound Oil" or the "Company")
Director/PDMR Shareholding
Sound Oil, the European / Mediterranean focused upstream oil and gas company, announces that James Parsons, the Company's Chief Executive Officer, today sold 150,000 ordinary shares in the Company at a price of 4.88 pence per share; this sale represents the balance of the 300,000 shares which, as announced on 5 February, Mr Parsons intended to sell to cover the taxation liability associated with a recent bonus award of shares and completes this process. As a result of this sale, Mr Parsons is now interested in 638,757 ordinary shares, representing 0.20% per cent. of the Company's issued ordinary share capital.
For further information please contact:
Sound Oil James Parsons, Chief Executive Officer Stuart Joyner, Chief Financial Officer
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Smith & Williamson - Nominated Adviser Azhic Basirov David Jones
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Tel: +44 (0)20 7131 4000 |
Peel Hunt - Broker Richard Crichton Charles Batten
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Tel: +44 (0)20 7418 8900 |