RNS Number : 1745S
29 September 2017


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.

 

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

 
 
 
 
 
 
 
 
 

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