16th Mar 2006 15:44
Soco International PLC16 March 2006 SOCO International plc ("SOCO" or "the Company") DIRECTORS/PDMR SHAREHOLDING The Company was notified on 15 March 2006 that on the same day Upper GroundLimited , of which Mr Patrick Maugein, the Company's Chairman, owns 100% of theissued share capital, disposed of 72,500 SOCO shares of £0.20 each ("Shares"),representing 0.10% of the issued share capital of the Company. The Shares weresold to Mr Maugein's immediate family for a sale price of £10.55 per Share. MrMaugein is no longer deemed to have an interest in these Shares.Following these transactions, Mr Maugein is interested in 6,434,360 Shares,representing 8.86% of the issued share capital of the Company, and 365,867warrants to subscribe for ordinary shares in the Company at an exercise price of£0.55 ("Warrants"). This interest is held as follows: 512,925 Shares, representing 0.71% of the issued share capital of the Company,and 40,652 Warrants are held by Upper Ground Limited; 5,921,435 Shares, representing 8.15% of the issued share capital of the Companyand 325,215 Warrants are held by Chemsa Limited, which is owned by a trustcompany whose potential ultimate beneficiary is the family of Mr PatrickMaugein. The Company also announces that on 14 March 2006, Mr John Norton, a Director ofthe Company, transferred 40,000 Shares (0.06%) to his wife, Mrs Dianne Nortonfor no consideration. Mr Norton retains an interest in these Shares. Followingthis transfer, Mr Norton has an interest in a total of 115,000 Sharesrepresenting 0.16% of the issued share capital of the Company. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pharos Energy