Director/PDMR Shareholding

RNS Number : 2343A
Sound Oil PLC
25 September 2015
 

25 September 2015

 

Sound Oil plc

("Sound Oil" or the "Company")

 

Director/PDMR Shareholding

 

Sound Oil, the Mediterranean focused upstream gas company, announces that it was notified on 24 September 2015 that Metano Capital SA ("Metano") had, on that same day, acquired 250,000 ordinary shares in the Company at a price of 14.2 pence per ordinary share.

 

Metano is a wholly owned subsidiary of Continental Investment Partners SA ("Continental"). Marco Fumagalli, a director of the Company, is Managing Partner of, and a 25% shareholder in, Continental.

 

As a result of this purchase, Continental and its affiliates are interested in a total of 65,717,162 ordinary shares in the Company, representing 13.05% of Sound Oil's issued ordinary share capital.

 

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper

 

Tel: +44 (0)20 7016 9573

Sound Oil

James Parsons, Chief Executive Officer

 

j.parsons@soundoil.co.uk

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes

 

Tel: +44 (0)20 7131 4000

Cantor Fitzgerald Europe - Broker

Sarah Wharry

David Porter

 

Tel: +44 (0)20 7894 8896

 


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