Information  X 
Enter a valid email address

D1 Oils Plc (NEOS)

  Print      Mail a friend       Annual reports

Monday 25 July, 2005

D1 Oils Plc

Directors' Interests

D1 Oils Plc
25 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 shares
in the Company by two Directors and of the related disposal of shares by three
directors.

Elliott Michael Mannis

The Company has received notification from Elliott Michael Mannis that he is
interested in 82,016 Ordinary Shares in the Company representing 0.26% of the
Company's issued share capital. 62,016 Ordinary Shares were purchased in an off
market transaction at 322.5 pence per share. A further 20,000 Ordinary Shares
were gifted to Mr Mannis by three directors; Karl Eric Watkin, MBE gifted Mr
Mannis with 10,000 Ordinary Shares and Alec David Worrall and Mark Lockhart Muir
Quinn gifted Mr Mannis with 5,000 Ordinary Shares each. Mr Mannis has agreed
with Bell Lawrie that he will enter into a lock-in arrangement in respect of
these 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 the
Company prior to 28 April 2006.

Stephen Peter Douty

The Company has received notification from Stephen Peter Douty that he is
interested in 23,390 Ordinary Shares in the Company representing 0.07% of the
Company's issued share capital. Mr Douty previously held 6,987 Ordinary Shares
in the Company. 12,403 Ordinary Shares were purchased in an off market
transaction at 322.5 pence per share. A further 4,000 Ordinary Shares were
gifted to Mr Douty by three directors; Karl Eric Watkin, MBE gifted Mr Douty
with 2,000 Ordinary Shares and Alec David Worrall and Mark Lockhart Muir Quinn
gifted Mr Douty with 1,000 Ordinary Shares each. Mr Douty has agreed with Bell
Lawrie that he will enter into a lock-in arrangement in respect of these 4,000
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 the Company prior to 28
April 2006.

Karl Eric Watkin, MBE, Chairman

Karl Eric Watkin MBE has notified the Company that he has ceased to be
interested in 12,000 Ordinary Shares in the Company. Mr Watkin is now interested
in 3,372,817 Ordinary Shares in the Company representing 10.80% of the Company's
issued share capital 3,166,500 of which remain subject to the provisions of a
lock-in agreement with Bell Lawrie and others and 206,317 of which are subject
to orderly marketing arrangements with Bell Lawrie.

Alec David Worrall

Alec David Worrall has notified the Company that he has ceased to be interested
in 6,000 Ordinary Shares in the Company. Mr Worrall is now interested in
1,078,543 Ordinary Shares in the Company representing 3.45% of the Company's
issued share capital 937,500 of which remain subject to the provisions of a
lock-in agreement with Bell Lawrie and others and 141,043 of which are subject
to orderly marketing arrangements with Bell Lawrie.

Mark Lockhart Muir Quinn

Mark Lockhart Muir Quinn has notified the Company that he has ceased to be
interested in 6,000 Ordinary Shares in the Company. Mr Quinn is now interested
in 1,416,794 Ordinary Shares in the Company representing 4.54% of the Company's
issued share capital 1,375,000 of which remain subject to the provisions of a
lock-in agreement with Bell Lawrie and others and 41,794 of which are subject to
orderly marketing arrangements with Bell Lawrie.

Contacts:

D1 Oils plc, Karl Watkin, Chairman, 020 7321 3885
Brunswick Group LLP, Kevin Byram / Helen Barnes, 020 7404 5959

Ends:




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