TIDMSIA

RNS Number : 2348S

Soco International PLC

08 March 2019

8 March 2019

SOCO International plc

("SOCO" or "the Company")

DIRECTORS/PDMR SHAREHOLDINGS

Awards under the Company's Long Term Incentive Plan

The Company announces that on 7 March 2019, its Persons Discharging Managerial Responsibilities ("PDMRs") were 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                          2,040,087 
                 -----------------------------------------------  -------------------------- 
 Jann Brown       Managing Director and Chief Financial Officer    1,306,240 
                 -----------------------------------------------  -------------------------- 
 Dr Mike Watts    Managing Director                                1,306,240 
                 -----------------------------------------------  -------------------------- 
 Antony Maris     Chief Operating Officer                          1,015,965 
                 -----------------------------------------------  -------------------------- 
 

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 the            ORDINARY SHARES OF GBP0.05 EACH 
       financial instrument, 
       type of instrument 
                                     GB00B572ZV91 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Grant of nil cost options under the 
                                     SOCO International plc Long-Term 
                                     Incentive Plan 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)    Volume(s) 
                                       GBP0.00     2,040,087 
                                                  ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        N/A single transaction 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       07/03/2019 
     ----------------------------  ------------------------------------- 
 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 the           ORDINARY SHARES OF GBP0.05 EACH 
       financial instrument, 
       type of instrument 
                                    GB00B572ZV91 
       Identification code 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of nil cost options under the 
                                    SOCO International plc Long-Term 
                                    Incentive Plan 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      GBP0.00     1,306,240 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information       N/A single transaction 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      07/03/2019 
     ---------------------------  -------------------------------------- 
 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 the            ORDINARY SHARES OF GBP0.05 EACH 
       financial instrument, 
       type of instrument 
                                     GB00B572ZV91 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Grant of nil cost options under the 
                                     SOCO International plc Long-Term 
                                     Incentive Plan 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)    Volume(s) 
                                       GBP0.00     1,306,240 
                                                  ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        N/A single transaction 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       07/03/2019 
     ----------------------------  ------------------------------------- 
 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 the            ORDINARY SHARES OF GBP0.05 EACH 
       financial instrument, 
       type of instrument 
                                     GB00B572ZV91 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Grant of nil cost options under the 
                                     SOCO International plc Long-Term 
                                     Incentive Plan 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)    Volume(s) 
                                       GBP0.00     1,015,965 
                                                  ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        N/A single transaction 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       07/03/2019 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      Outside a trading venue 
     ----------------------------  ------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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March 08, 2019 02:30 ET (07:30 GMT)

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