Dragon Oil Directors/PDMR Shareholding

Date : 05/19/2008 @ 10:18AM
Source : UK Regulatory (RNS and others)
Stock : Dragon Oil Plc (DGO)
Quote : 136.75  6.0 (4.59%) @ 11:35AM
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Dragon Oil Directors/PDMR Shareholding

    RNS Number : 7467U
  Dragon Oil PLC
  19 May 2008
   

    SCHEDULE 11
    Notification of Transactions of Directors/Persons Discharging Managerial Responsibility
and Connected Persons

    This form is intended for use by an issuer to make a RIS notification required by the
Market Abuse Rules and section 53 (as extended by
section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with
section 59 of the Companies Act 1990.

        An issuer making a notification in respect of a transaction relating to the shares or
debentures of the issuer should complete boxes
1 to 16, 23 and 24.
    
 
        An issuer making a notification in respect of a derivative relating to the shares of
the issuer should complete boxes 1 to 4, 6, 8,
13, 14, 16, 23 and 24.
    
 
        An issuer making a notification in respect of options granted to a director/person
discharging managerial responsibilities should
complete boxes 1 to 3 and 17 to 24.
    
 
        An issuer making a notification in respect of a financial instrument relating to the
shares of the issuer (other than a debenture)
should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.


    All relevant boxes should be completed in block capital letters



 1   Name of the Issuer    2      State whether the
     Dragon Oil plc            notification relates
                                                to:
                                          (i)     a
                               transaction notified
                                 in accordance with
                               Market Abuse Rules; 


                                         (ii)     a
                                 disclosure made in
                                    accordance with
                                     section 53 (as
                                extended by section
                                64 of the Companies
                               Act 1990) or entered
                                  into the issuer's
                                        register in
                                    accordance with
                                  section 59 of the
                                Companies Act 1990;
                                                 or
                                 (iii) both (i) and
                                              (ii).
                                              (iii)

 3   Name of person        4   State whether
     discharging               notification relates
     managerial                to a person
     responsibilities/         connected with a
     director                  person discharging
     Jeremy J. Key             managerial
     (Director)                responsibilities/
                               director named in 3
                               and identify the
                               connected person
                               n/a
 5   Indicate whether the  6   Description of
     notification is in        shares (including
     respect of a holding      class) debentures or
     of the person             derivatives or
     referred to in 3 or       financial
     4 above or in             instruments relating
     respect of a              to shares
     non-beneficial            Ordinary shares of
     interest                  EUR0.10 each
     Disposal of a
     beneficial interest.
 7   Name of registered    8   State the nature of
     shareholder(s) and,       the transaction
     if more than one,         Disposal of Ordinary
     number of shares          Shares
     held by each of them
     Jeremy J. Key
 9   Number of shares,     10  Percentage of issued
     debentures or             class acquired
     financial                 (treasury shares of
     instruments relating      that class should
     to shares acquired        not be taken into
     n/a                       account when
                               calculating
                               percentage)
                               n/a
 11  Number of shares,     12  Percentage of issued
     debentures or             class disposed
     financial                 (treasury shares of
     instruments relating      that class should
     to shares disposed        not be taken into
     250,000                   account when
                               calculating
                               percentage)
                               0.05%
 13  Price per share or    14  Date and place of
     value of transaction      transaction
     557p                      16 May 2008, London
 15  Total holding         16  Date issuer informed
     following                 of transaction
     notification and          18 May 2008
     total percentage
     holding following
     notification (any
     treasury shares
     should not be taken
     into account when
     calculating
     percentage)
     250,000 - 0.05%

    If a person discharging managerial responsibilities has been granted options by the
issuer, complete the following boxes:

 17  Date of grant         18  Period during which
     N/A                       or date on which it
                               can be exercised
                               N/A
 19  Total amount paid     20  Description of
     (if any) for grant        shares or debentures
     of the option             involved (class and
     n/a                       number)
                               N/A
 21  Exercise price (if    22  Total number of
     fixed at time of          shares or debentures
     grant) or indication      over which options
     that the price is to      are held following
     be fixed at the time      notification
     of exercise               N/A
     N/A
 23  Any additional        24  Name of contact and
     information               telephone number for
                               queries
                               Alex Ridout + 971 4
                               305 3651





 Name and signature of duly designated officer of issuer responsible for
 making notification
 __________Alex Ridout___________________
 Date of notification _________19 May 2008__________________________









    This announcement has been issued through the Companies Announcement Service of
    the Irish Stock Exchange.

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