RNS Number : 2053N
07 June 2010

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.

 
 
 
 
 
 
 

SOCO is aware of attempts to impersonate the company on social media. SOCO does not have a Facebook page.