Director/PDMR Shareholding

RNS Number : 2053N

Soco International PLC

07 June 2010

 



SOCO International plc

("SOCO" or the "Company")

Notification of Transactions of Directors/Persons Discharging

Managerial Responsibility and Connected Persons

The Company was notified on 7 June 2010 by Mr Rui de Sousa, the Non-Executive Chairman of the Board, that Palamos Limited, a connected person to Mr de Sousa, has sold 53,420 SOCO International plc ordinary shares of £0.20 each ("Shares"), representing 0.06% of the issued share capital of the Company, as follows:

No. of Shares	Sale Price per Share	Date
21,183	£16.3197	3 June 2010
25,799	16.3696	4 June 2010
6,018	£16.00	7 June 2010
420	£16.006	7 June 2010

As a result of this transaction, Mr de Sousa is interested in 796,656 Shares, representing 0.96% of the issued share capital of the Company and 1,444,201 warrants to acquire Shares ("Warrants"). 

This interest is held as follows:  Mr de Sousa holds 63,652 Shares personally; Palamos Limited holds 733,004 Shares, 55,336 Warrants at an exercise price of £0.55 per Share, 860,187 Warrants at an exercise price of £0.60 per Share and 528,678 Warrants at an exercise price of £0.65 per Share.

Contact:  Carol Fan, SOCO International plc, tel. [phone].

 

END

 

 

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