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Director/PDMR Shareholding

29th Sep 2017 07:30

RNS Number : 1745S
Soco International PLC
29 September 2017
 

SOCO International plc

("SOCO" or the "Company")

 

Director/PDMR Shareholding

The Company was notified yesterday that, on the same day, Quantic Limited, which is a Closely Associated Person to Rui de Sousa, Chairman of the SOCO Board of Directors, acquired a further 550,000 SOCO Ordinary Shares, which had been previously held by Mr de Sousa personally, at a purchase price of £1.18 per shares.

As a result of this transaction, Rui de Sousa's interests in the voting rights of the Company are unchanged and he continues to be interested in a total of of 9,648,324 Shares, representing 2.91% of the voting rights and issued share capital of the Company, of which

· 8,708,820 Shares (2.62%) are held by Palamos Limited, a closely associated person to Rui de Sousa;

· 939,504 Shares (0.28%) are held by Quantic Limited, a closely associated person to Rui de Sousa.

 

 

Contact: Carol Fan, SOCO International plc, Tel 020 7747 2000

 

 

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, 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 Acquisition by Quantic Limited and Disposal by Rui de Sousa

 

c) Price(s) and volume(s)

Price(s) £1.18

Volume(s) 550,000

 

d) Aggregated information

- Aggregated volume 550,000

- Price 649,000

 

e) Date of the transaction 28 September 2017

 

f) Place of the transaction Outside of a trading venue

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHLFFSLARITFID

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