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PHAROS ENERGY PLC — Director's Dealing 2019
Mar 14, 2019
4764_dirs_2019-03-14_64d10419-c461-4f67-b6c8-f9079c746aaf.html
Director's Dealing
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RNS Number : 7862S
Soco International PLC
14 March 2019
14 March 2019
SOCO International plc
("SOCO" or the "Company")
Director/PDMR Shareholding
The Company was notified on 13 March that, on the same day, Rui de Sousa, Chairman of the SOCO Board of Directors, transferred for nil consideration, 469,752 SOCO International plc ordinary shares of £0.05 each ("Shares") which had been held by Mr de Sousa personally, to Palamos Limited, which is a Closely Associated Person to Rui de Sousa.
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 9,178,572 Shares, representing 2.77% of the issued share capital of the Company (excluding Shares held in treasury), all of which are held by Palamos Limited, a Closely Associated Person to Rui de Sousa.
Contact: Tony Hunter, SOCO International plc, Tel 020 7603 1515
1
Details of the person discharging managerial responsibilities
a)
Name
Rui de Sousa
2
Reason for the notification
a)
Position/status
Rui de Sousa, Chairman of the Board of whom Palamos Limited is a Closely Associated Person.
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
Transfer of Shares by Rui de Sousa to Palamos Limited (a person closely associated to Rui de Sousa)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 469,752 |
d)
Aggregated information
- Aggregated volume
- Price
N/A (Single transaction)
e)
Date of the transaction
13/03/2019
f)
Place of the transaction
Outside a trading venue
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