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Solo Oil Plc (SOLO)

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Monday 03 September, 2018

Solo Oil Plc

Director/PDMR Shareholding

RNS Number : 6228Z
Solo Oil Plc
03 September 2018
 

FOR IMMEDIATE RELEASE                                                                                       

   3 September 2018

 

 

SOLO OIL PLC

("Solo" or the "Company")

 

Directors' Dealings

PDMR Notification

 

 

The Board of Solo has been informed that as at 3 September 2018, 916,624 ordinary shares of 0.2 pence in the Company ("Shares") are held by Mrs Carolyn Fitzpatrick, wife of Jon Fitzpatrick, Non-Executive Director.  Accordingly Mr Fitzpatrick holds Shares as follows:

 

Shares held indirectly

Shares held directly

Options over Shares

Total number of shares

% of issued share capital

916,624

20,748,377

2,500,000

24,166,001

4.17%

 

 

The Board of Solo also announces that it has been notified that Jon Fitzpatrick has today sold 2,960,000 Shares at a price of 2.25p per Share and purchased them back into his SIPP at a price of 2.25p per Share.  There is no change to the total number of Shares held by Mr Fitzpatrick (as set out above) as a result of these transactions.

 

 

For further information:

 

Solo Oil plc

Dan Maling

+44 (0) 20 7440 0642

 

 

Beaumont Cornish Limited

Nominated Adviser and Joint Broker

Roland Cornish/Rosalind Abrahams/Felicity Geidt

+44 (0) 20 7628 3396

 

Shore Capital

Joint Broker

Jerry Keen

 

Buchanan (PR)

Ben Romney / Chris Judd / Henry Wilson

 

+44 (0) 20 7408 4090

 

 

 

+44 (0) 20 7466 5000

 

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Jon Fitzpatrick

2

Reason for notification

a)

Position / status

Director

 

b)

Initial notification

/Amendment

Initial

3

Details of the issueremission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Solo Oil plc

 

b)

LEI

213800Z1HYXM02FSDM70

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description  of  the financial instrument, type of instrument

 

Identification code

Ordinary shares of 0.20 pence each in Solo Oil plc

 

 

ISIN GB00BFIBK408

 

b)

Nature of the transaction

-     Purchase of ordinary shares by spouse

-     Sale of shares

-     Purchase of shares

 

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

2.25p

916,624

2.25p

2,960,000

2.25p

2,960,000

 

 

d)

Aggregated information

n/a

e)

Date of the transactions

3 September 2018

3 September 2018

3 September 2018

 

 

f)

Place of the transactions

Glasgow

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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