Soco International PLC Director/PDMR Shareholding (5621J)
September 12 2016 - 5:27AM
UK Regulatory
TIDMSIA
RNS Number : 5621J
Soco International PLC
12 September 2016
12 September 2016
SOCO International plc
('SOCO' or 'the Company')
DIRECTORS/PDMR SHAREHOLDING
The Company announces a correction to the announcement released
on 12 August 2016 under RNS Number 1170H.
The details being corrected concern the number of SOCO
International plc ordinary shares of GBP0.05 each ("Shares") /to be
delivered to Ed Story (CEO, Executive Director and PDMR of the
Company) from the SOCO Employee Benefit Trust ("SOCO EBT") in
settlement of share awards ("Awards") under the Company's Long Term
Incentive Plan.
The details were incorrectly reported as:
Shares Shares
to be to be
Date of deducted delivered
original Date of Awards for associated to LTIP
LTIP Participant award vesting vested tax Participant
------------------ ----------- ---------- -------- ---------------- -------------
5 Dec 8 Jan
E Story 2012 2016 360,557 98,612 261,945
------------------ ----------- ---------- -------- ---------------- -------------
The correct details are:
Shares Shares
to be to be
Date of deducted delivered
original Date of Awards for associated to LTIP
LTIP Participant award vesting vested tax Participant
------------------ ----------- ---------- -------- ---------------- -------------
5 Dec 8 Jan
E Story 2012 2016 360,557 151,254 209,303
------------------ ----------- ---------- -------- ---------------- -------------
As a result of this correction:
Ed Story is interested in 13,633,267 Shares, representing 4.11%
of the issued share capital of the Company, of which 11,958,267
(3.60%) Shares are held personally by Ed Story and 1,675,000
(0.50%) Shares are held through The Story Family Trust, a closely
associated person to Ed Story.
The SOCO EBT is interested in 2,299,767 Shares representing
0.69% of the share capital of the Company. The Executive Directors,
as potential beneficiaries, are technically deemed to have an
interest in all ordinary shares held by the SOCO EBT.
Contact: Carol Fan, SOCO International plc, tel. 020 7747
2000
1 Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------------
a) Name Ed Story
--- ------------------------- -----------------------------------
2 Reason for the notification
--- --------------------------------------------------------------
a) Position/status CEO/Director
--- ------------------------- -----------------------------------
b) Initial notification Amendment to prior notifications
/Amendment Previous notification reference
00002187 submitted on 12/08/2016.
This notification amends
the number of shares received.
--- ------------------------- -----------------------------------
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 Ordinary Shares of GBP0.05
the financial Each
instrument, type
of instrument
GB00B572ZV91
Identification
code
--- ------------------------- -----------------------------------
b) Nature of the Acquisition of shares following
transaction settlement of share awards
under the Company's Long
Term Incentive Plan.
--- ------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
0 209,303
--------- ----------
--- ------------------------- -----------------------------------
d) Aggregated information
- Aggregated volume 209,303
- Price Nil
--- ------------------------- -----------------------------------
e) Date of the transaction 10/08/2016
--- ------------------------- -----------------------------------
f) Place of the transaction Outside of a trading venue
--- ------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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