Last checked at 29 Sep 2017 07:30
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 £1.18 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 020 7747 2000
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 £0.05 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) £1.18
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