24 Jun 2011 16:58

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24 June 2011FORTUNE OIL PLC
("Fortune Oil" or "the Company")
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Directors' Shareholdings
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Fortune Oil has been notified that Mr Frank Attwood and Ms Louisa Ho, Non-executive Directors of the Company have today purchased Company's shares ("Shares") at a price of 12.50 pence per share through the Company's Dividend Reinvestment Plan (DRIP) and their beneficial interests held are increased as follows:
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Directors  | No. of Shares acquired as a result of DRIP | Percentage of issued class | No. of Shares in the nominee accounts after this purchase | Total percentage of issued class |
Frank Attwood |  4,294 | 0.0002% | 513,150 | 0.026% |
Louisa Ho | 23,606 | 0.0012% | 2,304,856 | 0.116% |
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In addition to the above, Ms Ho has 579,300 shares registered in her own name, representing 0.029% of the issued share capital of the Company.
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On 20 June 2011, Fortune Oil announced that 374,310 shares were in the process of being transferred out of the Employee Benefit Trust to Ms LI Ching, an Executive Director of the Company.
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Following completion of this transfer Ms LI now has 20,769,124 Shares in her own name, representing 1.045% of the issued share capital of the Company.
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These notifications are made in accordance with DTR 3.14R(1) (a) and (c) of the Disclosure and Transparency Rules.
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Enquiries:
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Fortune Oil PLC | |
Tee Kiam Poon, Chief Executive | Tel: 00 852 2583 3125 (Hong Kong) |
Premal Shah, Chief Financial Officer | Tel: 00852 2583 3120 |
Pelham Bell Pottinger | |
Archie Berens/Zoe Sanders | Tel: 020 7861 3112 |
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FTO.L (FTO)