RNS Number : 4733C

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]

 

 
 
 
 
 
 
 
 
 

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