3 October 2016
SOCO International plc ('SOCO' or 'the Company')
DIRECTOR/PDMR SHAREHOLDING
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
The Company was notified on 30 September 2016, that on the same day, Dr Mike Watts, a Non-Executive Director of the Company, bought 5,133 SOCO International plc ordinary shares of £0.05 each ("Shares") at a purchase price of £1.355 per Share. The Shares were purchased on the open market pursuant to a trading plan entered into on 26 March 2013.
Following this transaction, which represents 0.002% of the issued share capital of the Company (excluding shares held in treasury), Dr Watts holds 129,829 Shares, representing 0.04% of the issued share capital of the Company (excluding shares held in treasury).
Contact: Carol Fan, SOCO International plc, tel 020 7747 2000.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Mike Watts |
2 |
Reason for the notification |
a) |
Position/status |
Director, PDMR |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
SOCO International plc |
b) |
LEI |
549300DDKLXYLLO4N524 |
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 £0.05 Each GB00B572ZV91 |
b) |
Nature of the transaction |
Acquisition of shares following settlement of share awards under the Company's Long Term Incentive Plan. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1.355 |
5133 |
|
d) |
Aggregated information - Aggregated volume - Price |
5,133 6,955.22 |
e) |
Date of the transaction |
30/09/2016 |
f) |
Place of the transaction |
London Stock Exchange, XLON |