7 Jun 2010 18:13
SOCO International plc
("SOCO" or the "Company")
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
The Company was notified on 7 June 2010 by Mr Rui de Sousa, the Non-Executive Chairman of the Board, that Palamos Limited, a connected person to Mr de Sousa, has sold 53,420 SOCO International plc ordinary shares of £0.20 each ("Shares"), representing 0.06% of the issued share capital of the Company, as follows:
| No. of Shares | Sale Price per Share | Date |
| 21,183 | £16.3197 | 3 June 2010 |
| 25,799 | 16.3696 | 4 June 2010 |
| 6,018 | £16.00 | 7 June 2010 |
| 420 | £16.006 | 7 June 2010 |
As a result of this transaction, Mr de Sousa is interested in 796,656 Shares, representing 0.96% of the issued share capital of the Company and 1,444,201 warrants to acquire Shares ("Warrants").
This interest is held as follows: Mr de Sousa holds 63,652 Shares personally; Palamos Limited holds 733,004 Shares, 55,336 Warrants at an exercise price of £0.55 per Share, 860,187 Warrants at an exercise price of £0.60 per Share and 528,678 Warrants at an exercise price of £0.65 per Share.
Contact: Carol Fan, SOCO International plc, tel. 020 7747 2000.
Pharos Energy (PHAR)