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 £0.05 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 /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
Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) £0.00
Volume(s) 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 /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
Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) £0.00
Volume(s) 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 /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
Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) £0.00
Volume(s) 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 /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
Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan
c) Price(s) and volume
Price(s) £0.00
Volume(s) 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
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Soco International plc published this content on 08 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 March 2019 10:39:08 UTC