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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 |
TIDMSIA
RNS Number : 7798I
Soco International PLC
23 March 2018
23 March 2018
SOCO International plc
('SOCO' or 'the Company')
DIRECTOR/PDMR SHAREHOLDING
Notification of Transactions of Director
The Company announces that on 22 March 2018, Ed Story, the Chief Executive Officer of the Company became interested in a total of 357,363 SOCO International plc ordinary shares of GBP0.05 each ("Shares") after the vesting of contingent awards over 521,557 Shares ("Awards") under the Company's Deferred Share Bonus Plan ("DSBP").
The Board had determined that, in this instance, it serves the best interest of the Company and its shareholders, and with the agreement of Mr Story, to deliver only the net number of Shares after deducting the number of Shares that otherwise would be sold in the market to settle the tax liabilities associated with the settlement of these Awards. Therefore, no Shares will be sold and the associated tax liabilities will be settled by the Company.
Further details of the number of Shares referenced in the above are shown in the following table:
Name Ed Story ------------------------------------------ --------- Date of original grant 8 Jan 16 ------------------------------------------ --------- Awards vested 521,557 ------------------------------------------ --------- Shares to be deducted for associated tax 164,194 ------------------------------------------ --------- Shares to be delivered to Ed Story 357,363 ------------------------------------------ ---------
Following these transactions, interests held are as follows:
Ed Story is interested in 14,073,747 Shares, representing 4.24% of the issued share capital of the Company (excluding treasury shares), of which 12,398,747 (3.74%) 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.
Contact:
Tony Hunter, Company Secretary, SOCO International plc, tel. +44 20 7603 1515
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 Initial notification /Amendment --- ------------------------- -------------------------------- 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 Deferred Share Bonus Plan. --- ------------------------- -------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) --------- ---------- 0 357,363 --------- ---------- --- ------------------------- -------------------------------- d) Aggregated information - Aggregated volume 357,363 - Price Nil --- ------------------------- -------------------------------- e) Date of the transaction 22/03/2018 --- ------------------------- -------------------------------- 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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(END) Dow Jones Newswires
March 23, 2018 07:46 ET (11:46 GMT)
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