25th Jul 2005 12:00
D1 Oils Plc25 July 2005 D1 Oils plc ("the Company") - Notification of Director's Interests D1 Oils plc announces today that it has been notified of the purchase of sharesin the Company by two Directors and of the related disposal of shares by threedirectors. Elliott Michael Mannis The Company has received notification from Elliott Michael Mannis that he isinterested in 82,016 Ordinary Shares in the Company representing 0.26% of theCompany's issued share capital. 62,016 Ordinary Shares were purchased in an offmarket transaction at 322.5 pence per share. A further 20,000 Ordinary Shareswere gifted to Mr Mannis by three directors; Karl Eric Watkin, MBE gifted MrMannis with 10,000 Ordinary Shares and Alec David Worrall and Mark Lockhart MuirQuinn gifted Mr Mannis with 5,000 Ordinary Shares each. Mr Mannis has agreedwith Bell Lawrie that he will enter into a lock-in arrangement in respect ofthese 20,000 gifted shares in the Company, pursuant to which, he may not,without the consent of Bell Lawrie dispose of any of these gifted shares in theCompany prior to 28 April 2006. Stephen Peter Douty The Company has received notification from Stephen Peter Douty that he isinterested in 23,390 Ordinary Shares in the Company representing 0.07% of theCompany's issued share capital. Mr Douty previously held 6,987 Ordinary Sharesin the Company. 12,403 Ordinary Shares were purchased in an off markettransaction at 322.5 pence per share. A further 4,000 Ordinary Shares weregifted to Mr Douty by three directors; Karl Eric Watkin, MBE gifted Mr Doutywith 2,000 Ordinary Shares and Alec David Worrall and Mark Lockhart Muir Quinngifted Mr Douty with 1,000 Ordinary Shares each. Mr Douty has agreed with BellLawrie that he will enter into a lock-in arrangement in respect of these 4,000gifted shares in the Company, pursuant to which, he may not, without the consentof Bell Lawrie dispose of any of these gifted shares in the Company prior to 28April 2006. Karl Eric Watkin, MBE, Chairman Karl Eric Watkin MBE has notified the Company that he has ceased to beinterested in 12,000 Ordinary Shares in the Company. Mr Watkin is now interestedin 3,372,817 Ordinary Shares in the Company representing 10.80% of the Company'sissued share capital 3,166,500 of which remain subject to the provisions of alock-in agreement with Bell Lawrie and others and 206,317 of which are subjectto orderly marketing arrangements with Bell Lawrie. Alec David Worrall Alec David Worrall has notified the Company that he has ceased to be interestedin 6,000 Ordinary Shares in the Company. Mr Worrall is now interested in1,078,543 Ordinary Shares in the Company representing 3.45% of the Company'sissued share capital 937,500 of which remain subject to the provisions of alock-in agreement with Bell Lawrie and others and 141,043 of which are subjectto orderly marketing arrangements with Bell Lawrie. Mark Lockhart Muir Quinn Mark Lockhart Muir Quinn has notified the Company that he has ceased to beinterested in 6,000 Ordinary Shares in the Company. Mr Quinn is now interestedin 1,416,794 Ordinary Shares in the Company representing 4.54% of the Company'sissued share capital 1,375,000 of which remain subject to the provisions of alock-in agreement with Bell Lawrie and others and 41,794 of which are subject toorderly marketing arrangements with Bell Lawrie. Contacts: D1 Oils plc, Karl Watkin, Chairman, 020 7321 3885Brunswick Group LLP, Kevin Byram / Helen Barnes, 020 7404 5959 Ends: This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NEOS.L