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Soco International (SIA)

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Friday 04 January, 2019

Soco International

Directors/PDMR Shareholdings

RNS Number : 1697M
Soco International PLC
04 January 2019
 

4 January 2019

 

SOCO International plc

("SOCO" or "the Company")

DIRECTORS/PDMR SHAREHOLDINGS

Awards under the Company's Deferred Share Bonus Plan

The Company announces that on 3 January 2019, Persons Discharging Managerial Responsibilities ("PDMRs") were granted deferred bonus awards over ordinary shares of £0.05 each in the Company ("Shares"), relating to a performance related annual bonus earned for 2018, under the SOCO International plc 2014 Deferred Share Bonus Plan (the "DSBP") as follows:-

 

PDMRs

Position

No of Shares granted

Ed Story

Chief Executive Officer

353,594

Jann Brown

Managing Director and Chief Financial Officer

216,942

Dr Mike Watts

Managing Director

216,942

Antony Maris

Chief Operating Officer

160,697

 

The number of Shares granted is equivalent to the relevant proportion of the 2018 annual bonus deferred, calculated on the basis of the middle market quotation (as derived from the Daily Official List) on the dealing day immediately preceding the date of grant (£0.726). Subject to the rules of the DSBP, these Shares will generally vest over two years from the date of grant.

 

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 ("SHARES")

 

 

GB00B572ZV91

b)

 

Nature of the transaction

 

 

Grant of Shares under the SOCO International plc 2014 Deferred Bonus Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

353,594

d)

 

Aggregated information

 

 

N/A single transaction

 

e)

 

Date of the transaction

 

03/01/19

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 Shares under the SOCO International plc 2014 Deferred Bonus Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

216,942

d)

 

Aggregated information

 

 

N/A single transaction

 

e)

 

Date of the transaction

 

03/01/19

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 Shares under the SOCO International plc 2014 Deferred Bonus Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

216,942

d)

 

Aggregated information

 

 

N/A single transaction

 

 

e)

 

Date of the transaction

 

03/01/19

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 Shares under the SOCO International plc 2014 Deferred Bonus Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

160,697

d)

 

Aggregated information

 

N/A single transaction

 

 

e)

 

Date of the transaction

 

03/01/19

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 

 


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