Director/PDMR Shareholding

RNS Number : 3714V

Soco International PLC

23 July 2018

 

23 July 2018

SOCO International plc

("SOCO" or the "Company")

Director/PDMR Shareholding

The Company was notified on 20 July 2018 that, on the same day, Quantic Limited BVI, which is a Closely Associated Person to Rui de Sousa, Chairman of the SOCO Board of Directors, disposed of 939,504 SOCO ordinary shares of £0.05 each ("Shares"). These Shares were transferred in specie for nil consideration: 469,752 Shares to Mr de Sousa personally and 469,752 Shares to a third party.

As a result of this transaction, Rui de Sousa continues to be interested in a total of 9,178,572 Shares, representing 2.77% of the issued share capital of the Company (excluding Shares held in treasury), of which;

·     8,708,820 Shares representing 2.62% of the issued share capital of the Company (excluding Shares held in treasury) are held by Palamos Limited, a Closely Associated Person to Rui de Sousa; and

·     469,752 Shares representing 0.14% of the issued share capital of the Company (excluding Shares held in treasury) are held by Mr de Sousa personally.

Contact: Carol Fan, SOCO International plc, Tel [phone]

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED WITH THEM

1 Details of the person discharging managerial responsibilities/person closely associated

a) Name                                                                       Rui de Sousa

2 Reason for the notification

a) Position/status                                                    Quantic Limited BVI, a closely associated person to Rui de Sousa, Chairman of the Board

b) Initial notification/Amendment                    Initial Notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name                                                                       SOCO International plc

b) LEI                                                                             549300DDKLXYLLO4N524

4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a) Description of the financial instrument,
type of instrument                                                   Ordinary Shares of £0.05 each

Identification code                                                   GB00B572ZV91

b) Nature of the transaction                               Disposal of Shares by Quantic Limited BVI and non-market transfer to Rui de Sousa

c) Price(s) and volume(s)                                      Disposal

Price(s)                                                                         nil

Volume(s)                                                                   939,504

                                                                                        Non-market transfer

Price(s)                                                                         nil

Volume(s)                                                                   469,752

d) Aggregated information

- Aggregated volume                                             See above

- Price                                                                           

e) Date of the transaction                                    20 July 2018

f) Place of the transaction                                    Outside of a trading venue

 

END

 

 

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