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Soco International (PHAR)

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Friday 08 March, 2019

Soco International

Director/PDMR Shareholding

RNS Number : 2348S
Soco International PLC
08 March 2019
 

8 March 2019

 

SOCO International plc

("SOCO" or "the Company")

DIRECTORS/PDMR SHAREHOLDINGS

Awards under the Company's Long Term Incentive Plan

The Company announces that on 7 March 2019, its Persons Discharging Managerial Responsibilities ("PDMRs") were granted the following nil-cost share awards over ordinary shares of £0.05 each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"):

 

PDMRs

Position

No of LTIP awards granted

Ed Story

Chief Executive Officer

2,040,087

Jann Brown

Managing Director and Chief Financial Officer

1,306,240

Dr Mike Watts

Managing Director

1,306,240

Antony Maris

Chief Operating Officer

1,015,965

 

These awards will generally vest over three years from the date of grant, subject to the satisfaction of certain performance conditions and, in relation to Executive Directors, a subsequent two year holding period.

 

For further information, please contact:

 

Tony Hunter

Company Secretary

 

+ 44 (0)207 603 1515

 

 

1

 

Details of the person discharging managerial responsibilities

a)

Name

ED STORY

2

Reason for the notification

a)

Position/status

Chief Executive Officer

 

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

 

Identification code

 

ORDINARY SHARES OF £0.05 EACH

 

 

GB00B572ZV91

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

2,040,087

d)

 

Aggregated information

 

 

N/A single transaction

 

e)

 

Date of the transaction

 

07/03/2019

f)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities

a)

Name

JANN BROWN

2

Reason for the notification

a)

Position/status

Managing Director and Chief Financial Officer

 

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

 

Identification code

 

ORDINARY SHARES OF £0.05 EACH

 

 

GB00B572ZV91

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

1,306,240

d)

 

Aggregated information

 

 

N/A single transaction

 

e)

 

Date of the transaction

 

07/03/2019

f)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities

a)

Name

MIKE WATTS

2

Reason for the notification

a)

Position/status

Managing Director

 

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

 

Identification code

 

ORDINARY SHARES OF £0.05 EACH

 

 

GB00B572ZV91

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

1,306,240

d)

 

Aggregated information

 

 

N/A single transaction

 

 

e)

 

Date of the transaction

 

07/03/2019

f)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities

a)

Name

ANTONY MARIS

2

Reason for the notification

a)

Position/status

Chief Operating Officer

 

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

 

Identification code

 

ORDINARY SHARES OF £0.05 EACH

 

 

GB00B572ZV91

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

1,015,965

d)

 

Aggregated information

 

 

N/A single transaction

 

 

e)

 

Date of the transaction

 

07/03/2019

f)

 

Place of the transaction

 

Outside a trading venue

 


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