26 Mar 2018 10:35
26 March 2018
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SOCO International plc
("SOCO" or "the Company")
DIRECTORS/PDMR SHAREHOLDINGS
Awards under the Company's Long Term Incentive Plan
The Company announces that on 23 March 2018, its Persons Discharging Managerial Responsibilities ("PDMRs") were yesterday 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"):
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PDMRs | Position | No of LTIP awards granted |
Ed Story | Chief Executive Officer | 1,380,247 |
Jann Brown | Managing Director and Chief Financial Officer | 951,374 |
Dr Mike Watts | Managing Director | 951,374 |
Antony Maris | Chief Operating Officer | 739,957 |
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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.
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For further information, please contact:
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Tony Hunter
Company Secretary
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+ 44 (0)207 603 1515
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1 Â | 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 Â | ||||
b) Â | LEI | 549300DDKLXYLLO4N524 | ||||
4 Â | 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 £0.05 EACH   GB00B572ZV91 | ||||
b)  | Nature of the transaction   | Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan | ||||
c) Â | Price(s) and volume(s) Â Â | Â
| ||||
d)  | Aggregated information   | N/A single transaction  | ||||
e)  | Date of the transaction  | 23/03/2018 | ||||
f)  | Place of the transaction  | Outside a trading venue |
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1 Â | 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 Â | ||||
b) Â | LEI | 549300DDKLXYLLO4N524 | ||||
4 Â | 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 £0.05 EACH   GB00B572ZV91 | ||||
b)  | Nature of the transaction   | Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan | ||||
c) Â | Price(s) and volume(s) Â Â | Â
| ||||
d)  | Aggregated information   | N/A single transaction  | ||||
e)  | Date of the transaction  | 23/03/2018 | ||||
f)  | Place of the transaction  | Outside a trading venue |
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1 Â | 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 Â | ||||
b) Â | LEI | 549300DDKLXYLLO4N524 | ||||
4 Â | 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 £0.05 EACH   GB00B572ZV91 | ||||
b)  | Nature of the transaction   | Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan | ||||
c) Â | Price(s) and volume(s) Â Â | Â
| ||||
d)  | Aggregated information   | N/A single transaction   | ||||
e)  | Date of the transaction  | 23/03/2018 | ||||
f)  | Place of the transaction  | Outside a trading venue |
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1 Â | 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 Â | ||||
b) Â | LEI | 549300DDKLXYLLO4N524 | ||||
4 Â | 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 £0.05 EACH   GB00B572ZV91 | ||||
b)  | Nature of the transaction   | Grant of nil cost options under the SOCO International plc Long-Term Incentive Plan | ||||
c) Â | Price(s) and volume(s) Â Â | Â
| ||||
d)  | Aggregated information  | N/A single transaction   | ||||
e)  | Date of the transaction  | 23/03/2018 | ||||
f)  | Place of the transaction  | Outside a trading venue |
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