3 Sep 2018 16:01
FOR IMMEDIATE RELEASE
3 September 2018
SOLO OIL PLC
("Solo" or the "Company")
Directors' Dealings
PDMR Notification
The Board of Solo has been informed that as at 3 September 2018, 916,624 ordinary shares of 0.2 pence in the Company ("Shares") are held by Mrs Carolyn Fitzpatrick, wife of Jon Fitzpatrick, Non-Executive Director. Accordingly Mr Fitzpatrick holds Shares as follows:
Shares held indirectly | Shares held directly | Options over Shares | Total number of shares | % of issued share capital |
916,624 | 20,748,377 | 2,500,000 | 24,166,001 | 4.17% |
The Board of Solo also announces that it has been notified that Jon Fitzpatrick has today sold 2,960,000 Shares at a price of 2.25p per Share and purchased them back into his SIPP at a price of 2.25p per Share. There is no change to the total number of Shares held by Mr Fitzpatrick (as set out above) as a result of these transactions.
For further information:
Solo Oil plc Dan Maling | +44 (0) 20 7440 0642 |
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Beaumont Cornish Limited Nominated Adviser and Joint Broker Roland Cornish/Rosalind Abrahams/Felicity Geidt | +44 (0) 20 7628 3396 |
Shore Capital Joint Broker Jerry Keen
Buchanan (PR) Ben Romney / Chris Judd / Henry Wilson |
+44 (0) 20 7408 4090
+44 (0) 20 7466 5000 |
The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
a) | Name | Jon Fitzpatrick | ||||||||
2 | Reason for notification | |||||||||
a) | Position / status | Director
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b) | Initial notification /Amendment | Initial | ||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | Solo Oil plc
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b) | LEI | 213800Z1HYXM02FSDM70 | ||||||||
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
Identification code | Ordinary shares of 0.20 pence each in Solo Oil plc
ISIN GB00BFIBK408
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b) | Nature of the transaction | - Purchase of ordinary shares by spouse - Sale of shares - Purchase of shares
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c) | Price(s) and volumes(s) |
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d) | Aggregated information | n/a | ||||||||
e) | Date of the transactions | 3 September 2018 3 September 2018 3 September 2018
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f) | Place of the transactions | Glasgow | ||||||||