Soco International PLC Director/PDMR Shareholding (2872V)
December 11 2013 - 6:16AM
UK Regulatory
TIDMSIA
RNS Number : 2872V
Soco International PLC
11 December 2013
SOCO International plc
("SOCO" or "the Company")
DIRECTOR/PDMR SHAREHOLDING
HOLDINGS IN THE COMPANY
Disposal of Voting Rights (Notification under DTR 5)
The Company was notified on 10 December 2013 that, on the same
day, Pontoil Intertrade Ltd disposed of 82,333,145 SOCO
International plc ordinary shares of GBP0.05 each ("Shares")
representing the entirety of its shareholding in the Company and
24.81% of the total voting rights of the Company.
Consequent to this disposal, the Company was also notified on
the same day of the following three acquisitions of share interests
and voting rights in the Company that also took place on 10
December 2013:
1. Increase in Interests of a Director in Shares(Notification
under DTR 3) and Acquisition of Voting Rights (Notification under
DTR5)
Mr Ettore Contini, a Non-Executive Director of the Company
became interested in a further 27,444,381 Shares, representing
8.27% of the total voting rights of the Company.
The Shares were acquired for nil consideration as a result of a
family inheritance and are held by Liquid Business Ltd, a company
registered in the Bahamas and wholly owned by Mr Contini.
Following this transaction, Mr Contini is interested in a total
of 27,664,381 Shares, representing 8.34% of the total voting rights
of the Company. Of these Shares, the already held 220,000 Shares
(0.07%) are held by Mr Contini personally and the acquired
27,444,381 Shares (8.27%) are held by Liquid Business Ltd, a
connected party to Mr Contini.
2. Acquisitions of Voting Rights (Notification under DTR5)
(a) Ms Barbara Contini acquired 27,444,382 Shares representing
8.27% of the total voting rights of the Company. The Shares are
held through Globe Deals Limited, a company registered in the
British Virgin Islands and wholly owned by Ms Contini. As a result
of this transaction, Ms Contini holds 27,444,382 Shares
representing 8.27% of the total voting rights of the Company.
(b) Ms Caterina Van der Westhuizen acquired 27,444,381 Shares
representing 8.27% of the total voting rights of the Company. The
Shares are held through Blue Albacore Business Ltd, a company
registered in the Bahamas and wholly owned by Ms Van der
Westhuizen. As a result of this transaction, Ms Van der Westhuizen
holds 27,444,381 Shares representing 8.27% of the total voting
rights of the Company.
Contact: Carol Fan, SOCO International plc, tel 020 7747
2000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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