Last checked at 17 Mar 2014 12:10
SOCO International plc
("SOCO" or the "Company")
DIRECTORS/PDMR SHAREHOLDING
On 14 March 2014, Executive Directors of the Company, Roger Cagle and Cynthia Cagle (together, "the Option Holders"), exercised Options over a total of 254,837 SOCO International plc ordinary shares of £0.05 each ("Shares") and donated the resulting Shares to charity.
Further details of the aforementioned exercises and transactions are shown below:
Option Holder | Date of original award | Options vested | Options exercised | Shares received |
R Cagle | 10/12/10 | 151,505 | 151,505 | 151,505 |
C Cagle | 10/12/10 | 103,332 | 103,332 | 103,332 |
The gifts made to charity are shown below
Giver | Date of the Gift | Consideration | Shares Gifted | % of issued share capital |
R Cagle | 14/03/14 | Nil | 151,505 | 0.05% |
C Cagle | 14/03/14 | Nil | 103,332 | 0.03% |
The Shares gifted to charity were received by Roger and Cynthia Cagle Family Foundation Limited, a charity registered in England and Wales.
Mr Roger Cagle and Ms Cynthia Cagle are connected persons to each other and are jointly interested in 7,998,261 Shares, representing 2.41% of the issued share capital of the Company and 1,248,549 Share options. Individually, Mr Cagle is interested in 5,083,299 Shares, representing 1.53% of the issued share capital of the Company, of which 162,714 (0.05%) Shares are held personally and 4,920,585 (1.48%) Shares are held by C Minor Limited, a connected person to Mr Cagle.
Individually, Ms Cagle is interested in 2,914,962 Shares, representing 0.88% of the issued share capital of the Company, of which 110,923 (0.03%) Shares are held personally and 2,804,039 (0.85%) Shares are held by C Major Limited, a connected person to Ms Cagle.
[ENDS]
Contact:
Carol Fan
SOCO International plc
Tel 020 7747 2000