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Directors' dealing intentions

26 Jan 2010 12:00

RNS Number : 1301G
Sound Oil PLC
26 January 2010
 



26 January 2010

Sound Oil plc

("Sound Oil" or the "Company")

Directors' dealing intentions

Sound Oil, the upstream oil and gas company with assets in Indonesiaannounces that it has been informed by a number of its directors that they intend, for personal reasons and subject to market conditions, to sell in the market in aggregate up to 7.5 million of the ordinary shares they hold in the Company. This represents just over 1% of the Company's issued share capital. Following the sale, the total aggregate shareholding of the Board will be approximately 198 million ordinary shares representing approximately 29% of the Company's issued ordinary shares. Further announcements will be made as and when sales are effected.

Further information on the Company can be found at www.soundoil.co.uk.

For further information please contact:

 

Sound Oil
07903 861145
Gerry Orbell, Chairman
 
 
 
Smith & Williamson Corporate Finance - Nomad
020 7131 4000
Azhic Basirov
 
David Jones
 
 
 
Evolution Securities - Joint Broker
020 7071 4300
Tim Redfern
 
 
 
Religare Hichens, Harrison – Joint Broker
020 7382 7776
Daniel Briggs
 
 
 
Buchanan Communications
020 7466 5000
Tim Thompson
 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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