Soco International PLC Director/PDMR Shareholding (1745S)

TIDMSIA

RNS Number : 1745S

Soco International PLC

29 September 2017

SOCO International plc

("SOCO" or the "Company")

Director/PDMR Shareholding

The Company was notified yesterday that, on the same day, Quantic Limited, which is a Closely Associated Person to Rui de Sousa, Chairman of the SOCO Board of Directors, acquired a further 550,000 SOCO Ordinary Shares, which had been previously held by Mr de Sousa personally, at a purchase price of GBP1.18 per shares.

As a result of this transaction, Rui de Sousa's interests in the voting rights of the Company are unchanged and he continues to be interested in a total of of 9,648,324 Shares, representing 2.91% of the voting rights and issued share capital of the Company, of which

-- 8,708,820 Shares (2.62%) are held by Palamos Limited, a closely associated person to Rui de Sousa;

-- 939,504 Shares (0.28%) are held by Quantic Limited, a closely associated person to Rui de Sousa.

Contact: Carol Fan, SOCO International plc, Tel [phone]

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED WITH THEM

1 Details of the person discharging managerial responsibilities/person closely associated

   a) Name                                                                       Rui de Sousa 

2 Reason for the notification

a) Position/status Quantic Limited, a closely associated person to Rui de Sousa, Chairman of the Board

   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 Ordinary Shares of GBP0.05 each

   Identification code                                                   GB00B572ZV91 

b) Nature of the transaction Acquisition by Quantic Limited and Disposal by Rui de Sousa

c) Price(s) and volume(s)

   Price(s)                                                                         GBP1.18 
   Volume(s)                                                                   550,000 

d) Aggregated information

   - Aggregated volume                                             550,000 
   - Price                                                                            649,000 
   e) Date of the transaction                                    28 September 2017 
   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

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September 29, 2017 02:30 ET (06:30 GMT)