Shareholdings of Directors

RNS Number : 2578R
Sound Oil PLC
25 June 2015
 

25 June 2015

 

Sound Oil plc

("Sound Oil" or the "Company")

 

Shareholdings of Directors

 

Sound Oil, the Mediterranean focused upstream gas company, is pleased to update investors on directors' percentage interests in the Company's Ordinary Shares following the completion of the Open Offer, which are as follows:

 

Name

 

Number of

Ordinary Shares

 

 

% of issued ordinary share capital, as enlarged by the  First Tranche Placing Shares and the Open Offer Shares

 

Simon Davies

10,000,000

 

2.07%

James Parsons

1,044,603

 

0.22%

Luca Madeddu

961,947

 

0.20%

Marco Fumagalli

73,111,907

*

15.14%

Andrew Hockey

76,470

 

0.02%

Gerry Orbell

1,198,353

**

0.25%

 

*including 73,111,907 Ordinary Shares held directly and indirectly by Continental Investment Partners S.A. ("Continental") and its affiliates. Marco Fumagalli is Managing Partner of, and a 25% shareholder in, Continental.

 

**Gerry Orbell is interested in a total of 1,198,353 Ordinary Shares - and not 1,304,466 Ordinary Shares, as previously stated (including in the Company's circular dated 21 May 2015 in relation to the Open Offer). Gerry Orbell's interests include 801,687 Ordinary Shares held in the name of Sogdian Limited.

 

All capitalised terms in this announcement are as defined in the circular of the Company dated 21 May 2015.

 

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

Peel Hunt - Broker

Richard Crichton

Charles Batten

 

Tel: +44 (0)20 7418 8900

 

 

 


This information is provided by RNS
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