Director/PDMR Shareholding (4237B)
February 17 2011 - 8:37AM
UK Regulatory
TIDMPELE
RNS Number : 4237B
Petrolatina Energy PLC
17 February 2011
17 February 2011
PetroLatina Energy Plc
("PetroLatina" or the "Company")
Director's Dealing
PetroLatina (AIM: PELE), the independent oil and gas
exploration, development and production company focused on Latin
America, was yesterday notified that Juan Carlos Rodriguez, a
director of the Company, purchased a total of 170,000 ordinary
shares of US$0.10 each in the Company ("Ordinary Shares") on the
following dates and at the following prices:
Number of Ordinary Price paid per Ordinary
Date of Purchase Shares Purchased Share (pence)
11 February 2011 70,000 40.65
------------------- ------------------------
14 February 2011 100,000 40.75
------------------- ------------------------
Following the abovementioned purchases, Mr Rodriguez is
interested in 12,831,629 Ordinary Shares representing approximately
12.26 per cent. of the Company's issued share capital. This holding
includes 2,535,872 Ordinary Shares held by Lyan Financial
Corporation and, 10,080,757 Ordinary Shares held by Rorick Ventures
Group Inc, companies in which members of Mr Rodriguez's family have
beneficial interests.
Mr Rodriguez also holds options over a further 1,000,000
Ordinary Shares and has a beneficial interest in Athos Enterprises
Limited which holds warrants over a further 160,000 Ordinary
Shares. The options vest over a three year period from 16 October
2009, and are immediately exercisable, in whole or in part, up to
the fifth anniversary of the date of grant, at an exercise price of
44.5 pence per Ordinary Share.
Enquiries:
PetroLatina Energy Plc
Juan Carlos Rodriguez, Chief Executive Officer Tel: +57 1627 8435
Pawan Sharma, Executive Vice President - Corporate Tel: +44 (0)20 7766
Affairs 0081
Strand Hanson Limited
Simon Raggett/Matthew Chandler Tel: +44 (0)20 7409
3494
Evolution Securities Limited
Rob Collins/Chris Sim Tel: +44 (0)20 7071
4304
Financial Dynamics
Ben Brewerton/Susan Quigley Tel: +44 (0)20 7831
3113
This information is provided by RNS
The company news service from the London Stock Exchange
END
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