Director's Dealings

RNS Number : 6506G

Solo Oil Plc

08 May 2014

 



For Immediate Release

8 May 2014

SOLO OIL PLC

("Solo" or "Company")

Director's Dealings

The Board of Solo has been informed today that Neil Ritson, Executive Director, has purchased a total of 9,000,000 ordinary shares of 0.01p each in the Company at an average price of 0.16p per share. This purchase takes Mr Ritson's total holding to 30,000,000 ordinary shares, representing 0.652% of the Company's total issued share capital. 

In addition, Mr Ritson holds 66.5 million options to subscribe for ordinary shares in the Company at an exercise price of 0.5 pence per share that expire on 31 December 2020.

For further information:

Solo Oil plc David Lenigas	[phone]
Beaumont Cornish Limited Nominated Adviser and Joint Broker Roland Cornish	[phone]
Old Park Lane Capital Plc Joint Broker Michael Parnes Shore Capital Joint Broker Pascal Keane Jerry Keen (Corporate Broker) Bell Pottinger                             Public Relations Mark Antelme Henry Lerwill	[phone] [phone] [phone]

 

END

 

 

RDSUWRNRSNAVRAR