For immediate release 18 November 2011
Roxi Petroleum plc
("Roxi" or the "Company")
Director/PDMR Shareholding
Further to the announcement on 31 October 2011, the Company was informed yesterday of a correction to Kuat Oraziman's interests in the share capital. Shares held by Raditie NV were incorrectly identified as forming part of Mr Oraziman's interests. Whereas on a subsequent review, Raditie NV is independent of Mr Oraziman and he has no interests in the shares held by it. Accordingly, Mr Oraziman is now interested in 335,165,716 shares, representing approximately 55.0 per cent. of the issued share capital, as follows:
Name of holder: Vertom International NV
Number of shares: 141,958,273
Percentage of issued shares: 23.3%
Name of holder: Baverstock GmbH
Number of shares: 98,000,000
Percentage of issued shares: 16.1%
Name of holder: Mr Oraziman
Number of shares: 95,207,443
Percentage of issued shares: 15.6%
Contacts:
Roxi Petroleum plc
David Wilkes CEO +7 727 244 0920
Strand Hanson Limited
Andrew Emmott / Cordelia Orr-Ewing +44 (0) 20 7409 3494
Buchanan (Financial PR)
Tim Thompson / Ben Romney / Helen Chan +44 (0) 20 7466 5000