Shareholdings of Directors

RNS Number : 2578R

Sound Oil PLC

25 June 2015

 

25 June 2015

Sound Oil plc

("Sound Oil" or the "Company")

Shareholdings of Directors

Sound Oil, the Mediterranean focused upstream gas company, is pleased to update investors on directors' percentage interests in the Company's Ordinary Shares following the completion of the Open Offer, which are as follows:

Name	Number of Ordinary Shares		% of issued ordinary share capital, as enlarged by the  First Tranche Placing Shares and the Open Offer Shares
Simon Davies	10,000,000		2.07%
James Parsons	1,044,603		0.22%
Luca Madeddu	961,947		0.20%
Marco Fumagalli	73,111,907	*	15.14%
Andrew Hockey	76,470		0.02%
Gerry Orbell	1,198,353	**	0.25%

*including 73,111,907 Ordinary Shares held directly and indirectly by Continental Investment Partners S.A. ("Continental") and its affiliates. Marco Fumagalli is Managing Partner of, and a 25% shareholder in, Continental.

**Gerry Orbell is interested in a total of 1,198,353 Ordinary Shares - and not 1,304,466 Ordinary Shares, as previously stated (including in the Company's circular dated 21 May 2015 in relation to the Open Offer). Gerry Orbell's interests include 801,687 Ordinary Shares held in the name of Sogdian Limited.

All capitalised terms in this announcement are as defined in the circular of the Company dated 21 May 2015.

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]
Peel Hunt - Broker Richard Crichton Charles Batten	Tel: [phone]

 

END

 

 

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