Directors' dealing intentions

RNS Number : 1301G

Sound Oil PLC

26 January 2010

 



26 January 2010

Sound Oil plc

("Sound Oil" or the "Company")

Directors' dealing intentions

Sound Oil, the upstream oil and gas company with assets in Indonesia, announces that it has been informed by a number of its directors that they intend, for personal reasons and subject to market conditions, to sell in the market in aggregate up to 7.5 million of the ordinary shares they hold in the Company. This represents just over 1% of the Company's issued share capital. Following the sale, the total aggregate shareholding of the Board will be approximately 198 million ordinary shares representing approximately 29% of the Company's issued ordinary shares. Further announcements will be made as and when sales are effected.

Further information on the Company can be found at www.soundoil.co.uk.

For further information please contact:

Sound Oil	07903 861145
Gerry Orbell, Chairman
Smith & Williamson Corporate Finance - Nomad	020 7131 4000
Azhic Basirov
David Jones
Evolution Securities - Joint Broker	020 7071 4300
Tim Redfern
Religare Hichens, Harrison – Joint Broker	020 7382 7776
Daniel Briggs
Buchanan Communications	020 7466 5000
Tim Thompson

 

END

 

 

RDSKKADKDBKDCDB