18th Dec 2006 17:52
Soco International PLC18 December 2006 SOCO International plc ("SOCO" or "the Company") DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY SHAREHOLDINGS Awards under the Company's Incentive Plans SOCO announces that awards under the SOCO International plc Long Term IncentivePlan (LTIP) were made on 18 December 2006 to Mr Ed Story, Mr Roger Cagle and MrsCynthia Cagle of 55,600, 41,700 and 28,400 ordinary shares of £0.20 each(Shares), respectively. Additionally, an award of options over 50,000 Shares wasgranted to Mr Antony Maris under the SOCO 1997 Company Share Option Plan,exerciseable at an option price of £14.40 per Share. Up to 100% of these LTIPand option awards will be capable of vesting from 18 December 2009 providedcertain performance conditions are met. At the date of the awards the marketprice of the Shares was £14.40. Contacts: SOCO International plcCarol Fan, 020 7747 2000 Pelham Public RelationsJames Henderson, 020 7743 6673 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pharos Energy