PHAROS ENERGY PLC

Transaction in Own Shares • Mar 17, 2014

National Storage Mechanism | Additional information

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RNS Number : 4733C

Soco International PLC

17 March 2014

SOCO International plc

("SOCO" or the "Company")

DIRECTORS/PDMR SHAREHOLDING

On 14 March 2014, Executive Directors of the Company, Roger Cagle and Cynthia Cagle (together, "the Option Holders"), exercised Options over a total of  254,837 SOCO International plc ordinary shares of £0.05 each ("Shares") and donated the resulting Shares to charity. 

Further details of the aforementioned exercises and transactions are shown below:

Option Holder	Date of original award	Options vested	Options exercised	Shares received
R Cagle	10/12/10	151,505	151,505	151,505
C Cagle	10/12/10	103,332	103,332	103,332

The gifts made to charity are shown below

Giver	Date of the Gift	Consideration	Shares Gifted	% of issued share capital
R Cagle	14/03/14	Nil	151,505	0.05%
C Cagle	14/03/14	Nil	103,332	0.03%

The Shares gifted to charity were received by Roger and Cynthia Cagle Family Foundation Limited, a charity registered in England and Wales.

Mr Roger Cagle and Ms Cynthia Cagle are connected persons to each other and are jointly interested in 7,998,261 Shares, representing 2.41%        of the issued share capital of the Company and 1,248,549 Share options.  Individually, Mr Cagle is interested in 5,083,299 Shares, representing 1.53% of the issued share capital of the Company, of which  162,714 (0.05%) Shares are held personally and 4,920,585 (1.48%) Shares are held by C Minor Limited, a connected person to Mr Cagle.

Individually, Ms Cagle is interested in 2,914,962 Shares, representing 0.88% of the issued share capital of the Company, of which 110,923 (0.03%) Shares are held personally and 2,804,039 (0.85%) Shares are held by C Major Limited, a connected person to Ms Cagle.

[ENDS]

Contact: 

Carol Fan

SOCO International plc

Tel 020 7747 2000

This information is provided by RNS

The company news service from the London Stock Exchange

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