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SIA Soco International Plc

61.80
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Soco International Plc LSE:SIA London Ordinary Share GB00B572ZV91 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 61.80 61.90 62.40 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Soco International PLC Director/PDMR Shareholding (5621J)

12/09/2016 10:27am

UK Regulatory


Soco (LSE:SIA)
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TIDMSIA

RNS Number : 5621J

Soco International PLC

12 September 2016

12 September 2016

SOCO International plc

('SOCO' or 'the Company')

DIRECTORS/PDMR SHAREHOLDING

The Company announces a correction to the announcement released on 12 August 2016 under RNS Number 1170H.

The details being corrected concern the number of SOCO International plc ordinary shares of GBP0.05 each ("Shares") /to be delivered to Ed Story (CEO, Executive Director and PDMR of the Company) from the SOCO Employee Benefit Trust ("SOCO EBT") in settlement of share awards ("Awards") under the Company's Long Term Incentive Plan.

The details were incorrectly reported as:

 
                                                                 Shares         Shares 
                                                                  to be          to be 
                        Date of                                deducted      delivered 
                       original     Date of    Awards    for associated        to LTIP 
 LTIP Participant         award     vesting    vested               tax    Participant 
------------------  -----------  ----------  --------  ----------------  ------------- 
                          5 Dec       8 Jan 
 E Story                   2012        2016   360,557            98,612        261,945 
------------------  -----------  ----------  --------  ----------------  ------------- 
 

The correct details are:

 
                                                                 Shares         Shares 
                                                                  to be          to be 
                        Date of                                deducted      delivered 
                       original     Date of    Awards    for associated        to LTIP 
 LTIP Participant         award     vesting    vested               tax    Participant 
------------------  -----------  ----------  --------  ----------------  ------------- 
                          5 Dec       8 Jan 
 E Story                   2012        2016   360,557           151,254        209,303 
------------------  -----------  ----------  --------  ----------------  ------------- 
 

As a result of this correction:

Ed Story is interested in 13,633,267 Shares, representing 4.11% of the issued share capital of the Company, of which 11,958,267 (3.60%) Shares are held personally by Ed Story and 1,675,000 (0.50%) Shares are held through The Story Family Trust, a closely associated person to Ed Story.

The SOCO EBT is interested in 2,299,767 Shares representing 0.69% of the share capital of the Company. The Executive Directors, as potential beneficiaries, are technically deemed to have an interest in all ordinary shares held by the SOCO EBT.

Contact: Carol Fan, SOCO International plc, tel. 020 7747 2000

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                       Ed Story 
---  -------------------------  ----------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status            CEO/Director 
---  -------------------------  ----------------------------------- 
 b)   Initial notification       Amendment to prior notifications 
       /Amendment                 Previous notification reference 
                                  00002187 submitted on 12/08/2016. 
                                  This notification amends 
                                  the number of shares received. 
---  -------------------------  ----------------------------------- 
 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             Ordinary Shares of GBP0.05 
       the financial              Each 
       instrument, type 
       of instrument 
                                  GB00B572ZV91 
       Identification 
       code 
---  -------------------------  ----------------------------------- 
 b)   Nature of the              Acquisition of shares following 
       transaction                settlement of share awards 
                                  under the Company's Long 
                                  Term Incentive Plan. 
---  -------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    0          209,303 
                                   ---------  ---------- 
---  -------------------------  ----------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         209,303 
 
       - Price                     Nil 
---  -------------------------  ----------------------------------- 
 e)   Date of the transaction    10/08/2016 
---  -------------------------  ----------------------------------- 
 f)   Place of the transaction   Outside of a trading venue 
---  -------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLIFFAARIFLIR

(END) Dow Jones Newswires

September 12, 2016 05:27 ET (09:27 GMT)

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