TIDMSIA

RNS Number : 9106I

Soco International PLC

26 March 2018

26 March 2018

SOCO International plc

("SOCO" or "the Company")

DIRECTORS/PDMR SHAREHOLDINGS

Awards under the Company's Long Term Incentive Plan

The Company announces that on 23 March 2018, its Persons Discharging Managerial Responsibilities ("PDMRs") were yesterday granted the following nil-cost share awards over ordinary shares of GBP0.05 each in the Company ("Shares") under the Company's Long Term Incentive Plan ("LTIP"):

 
 PDMRs            Position                                         No of LTIP awards granted 
---------------  -----------------------------------------------  -------------------------- 
 Ed Story         Chief Executive Officer                          1,380,247 
---------------  -----------------------------------------------  -------------------------- 
 Jann Brown       Managing Director and Chief Financial Officer    951,374 
---------------  -----------------------------------------------  -------------------------- 
 Dr Mike Watts    Managing Director                                951,374 
---------------  -----------------------------------------------  -------------------------- 
 Antony Maris     Chief Operating Officer                          739,957 
---------------  -----------------------------------------------  -------------------------- 
 

These awards will generally vest over three years from the date of grant, subject to the satisfaction of certain performance conditions and, in relation to Executive Directors, a subsequent two year holding period.

For further information, please contact:

Tony Hunter

Company Secretary

+ 44 (0)207 603 1515

 
 1    Details of the person discharging managerial 
       responsibilities 
---  --------------------------------------------------------- 
 a)   Name                       ED STORY 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer 
---  -------------------------  ------------------------------ 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------ 
 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              Grant of nil cost options 
       transaction                under the SOCO International 
                                  plc Long-Term Incentive Plan 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP0.00     1,380,247 
                                   ----------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information     N/A single transaction 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    23/03/2018 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities 
---  --------------------------------------------------------- 
 a)   Name                       JANN BROWN 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            Managing Director and Chief 
                                  Financial Officer 
---  -------------------------  ------------------------------ 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------ 
 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              Grant of nil cost options 
       transaction                under the SOCO International 
                                  plc Long-Term Incentive Plan 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP0.00     951,374 
                                   ----------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information     N/A single transaction 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    23/03/2018 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities 
---  --------------------------------------------------------- 
 a)   Name                       MIKE WATTS 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            Managing Director 
---  -------------------------  ------------------------------ 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------ 
 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              Grant of nil cost options 
       transaction                under the SOCO International 
                                  plc Long-Term Incentive Plan 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP0.00     951,374 
                                   ----------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information     N/A single transaction 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    23/03/2018 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities 
---  --------------------------------------------------------- 
 a)   Name                       ANTONY MARIS 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            Chief Operating Officer 
---  -------------------------  ------------------------------ 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------ 
 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              Grant of nil cost options 
       transaction                under the SOCO International 
                                  plc Long-Term Incentive Plan 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP0.00     739,957 
                                   ----------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information     N/A single transaction 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    23/03/2018 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLIFVAVVIRFIT

(END) Dow Jones Newswires

March 26, 2018 05:35 ET (09:35 GMT)

Pharos Energy (LSE:PHAR)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Pharos Energy Charts.
Pharos Energy (LSE:PHAR)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Pharos Energy Charts.