20th Jun 2005 17:15
Soco International PLC20 June 2005 SOCO International plc ("SOCO" or "the Company") DIRECTORS' INTERESTS The Company was notified today that on 17 June 2005, Mr Patrick Maugein and MrRui de Sousa became interested in a further 141,056 (0.19%) and 116,056 (0.16%)SOCO International plc ordinary shares of £0.20 each ("Shares") respectively.The increased interests result from a distribution of Shares owned by QuanticLimited, of which Mr Maugein and Mr de Sousa each hold 25% of the issued sharecapital. Mr Maugein is now deemed to have an interest in 6,781,860 Shares representing9.34% of the issued share capital of the Company. This interest is held throughChemsa Ltd (5,921,435 Shares representing 8.15%), a trust company whosepotential ultimate beneficiary is the family of Mr Maugein, and through YunfielSA (860,425 Shares representing 1.18%) of which Mr Maugein owns 100% of theissued share capital. In addition to Shares, Mr Maugein is interested in a totalof 365,867 Warrants held through Chemsa Ltd (325,215 Warrants) and Yunfiel SA(40,652 Warrants) at an exercise price of £0.55 each. Mr de Sousa is now deemed to have an interest in 1,336,043 Shares, representing1.84% of the issued share capital of the Company. This interest is held throughPalamos Limited (721,424 Shares representing 0.99%), a trust company whosepotential ultimate beneficiary is the family of Mr de Sousa, and through NewFalcon Oil Limited (614,619 Shares representing 0.85%) of which Mr de Sousa owns100% of the issued share capital. In addition to Shares, Mr de Sousa isinterested in a total of 1,549,853 Warrants held through Palamos Limited whichholds 55,336 Warrants, 925,187 Warrants and 528,678 Warrants at an exerciseprice of £0.55, £0.60 and £0.65 each respectively and through New Falcon OilLimited which holds 40,652 Warrants at an exercise price of £0.55 each. Contact: Carol Fan, 020 7747 2000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pharos Energy