Director/PDMR Shareholding

RNS Number : 2343A

Sound Oil PLC

25 September 2015

 

25 September 2015

Sound Oil plc

("Sound Oil" or the "Company")

Director/PDMR Shareholding

Sound Oil, the Mediterranean focused upstream gas company, announces that it was notified on 24 September 2015 that Metano Capital SA ("Metano") had, on that same day, acquired 250,000 ordinary shares in the Company at a price of 14.2 pence per ordinary share.

Metano is a wholly owned subsidiary of Continental Investment Partners SA ("Continental"). Marco Fumagalli, a director of the Company, is Managing Partner of, and a 25% shareholder in, Continental.

As a result of this purchase, Continental and its affiliates are interested in a total of 65,717,162 ordinary shares in the Company, representing 13.05% of Sound Oil's issued ordinary share capital.

For further information please contact:

Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon Alexandra Roper	Tel: [phone]
Sound Oil James Parsons, Chief Executive Officer	[e-mail]
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: [phone]
Cantor Fitzgerald Europe - Broker Sarah Wharry David Porter	Tel: [phone]

 

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