TIDMDGO

RNS Number : 3017U

Dragon Oil PLC

14 October 2014

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

 
      Name of the Issuer                              Name of person discharging managerial 
                                                       responsibilities 
 
 1     DRAGON OIL PLC                            2     Emad Buhulaigah 
---  -----------------------------------------  ---  ------------------------------------------- 
 3    State whether notification                 4    Indicate whether the notification 
       relates to a person closely                     is in respect of a holding of 
       associated with a person                        the person referred to in 2 or 
       discharging managerial responsibilities         3 above or in respect of a non-beneficial 
       named in 2 and identify the                     interest 
       connected person 
                                                       Notification is in respect of 
       NO                                              Emad Buhulaigah 
---  -----------------------------------------  ---  ------------------------------------------- 
                                                      Name of registered shareholder(s) 
                                                       and, if more than one, number 
                                                       of shares or derivatives or other 
      Description of shares or                         financial instruments linked to 
       derivatives or other financial                  them, held by each shareholder 
       instruments linked to them 
                                                       Emad Buhulaigah: 300,000 options 
                                                       over Ordinary Shares 
 
       Ordinary shares of EUR0.10                      Dragon Oil Employee Share Purchase 
 5     each                                      6     Plan: 0 Ordinary shares 
---  -----------------------------------------  ---  ------------------------------------------- 
                                                      Number of shares, derivatives 
      State the nature of the transaction              or other financial instruments 
                                                       linked to them acquired 
       Acquisition and allocation 
       of ordinary shares by the                       Dragon Oil Employee Share Purchase 
       Dragon Oil Employee Share                       Plan: 
 7     Purchase Plan.                            8     6,328 Ordinary shares 
---  -----------------------------------------  ---  ------------------------------------------- 
                                                      Price per share or derivative 
                                                       or other financial instrument 
      Number of shares, derivatives                    linked to them or value of transaction 
       or other financial instruments 
       linked to them disposed of                      Employee Share Purchase Plan 
 
 9     N/A                                       10    Ordinary share sale price: StgGBP4.80 
---  -----------------------------------------  ---  ------------------------------------------- 
      Date and place of transaction 
 
       London - Administrator of                      Date issuer informed of transaction 
       the Dragon Oil Employee Share 
       Purchase Plan acquired the 
 11    shares on 07 April 2014                   12    13 April 2014 
---  -----------------------------------------  ---  ------------------------------------------- 
                                                      Name of contact and telephone 
      Any additional information                       number for queries 
 
 13    N/A                                       14    Julian Hicks + 971 4 305 3651 
---  -----------------------------------------  ---  ------------------------------------------- 
 
        Person authorised on behalf of the issuer responsible for making 
        the notification 
 
        Julian Hicks 
 
        Date of notification 13 October 2014 
---  ------------------------------------------------------------------------------------------- 
 

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons. An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

 
                                            State whether the notification 
                                             relates to a single 
      Name of director or secretary          transaction being notified in 
       (if not required to be stated         accordance with the Market Abuse 
       in box 2)                             Rules and ISE LR 6.10 
 
 15    Emad Buhulaigah                 16    Single Transaction 
---  -------------------------------  ---  -------------------------------------- 
                                            Percentage of issued class acquired 
      Description of class of share          (treasury shares of that class 
                                             should not be taken into account 
                                             when calculating percentage) 
       Ordinary shares of EUR0.10 
 17    each                            18    <0.01% 
---  -------------------------------  ---  -------------------------------------- 
                                            Total holding following notification 
                                             and total percentage holding 
                                             following notification (any treasury 
                                             shares should not be taken into 
      Percentage of issued class             account when calculating percentage) 
       disposed (treasury shares 
       of that class should not              Emad Buhulaigah: 300,000 options 
       be taken into account when            over Ordinary Shares 
       calculating percentage) 
                                             Dragon Oil Employee Share Purchase 
 19    N/A                             20    Plan: 6,328 Ordinary shares 
---  -------------------------------  ---  -------------------------------------- 
 

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

 
      Date of grant                           Period during which or date on 
                                               which it can be exercised 
 
 21    N/A                               22    N/A 
---  ---------------------------------  ---  ----------------------------------------- 
      Total amount paid (if any)              Description of shares involved 
       for grant of the option                 (class and number) 
 23    N/A                               24    N/A 
---  ---------------------------------  ---  ----------------------------------------- 
 25   Exercise price (if fixed           26   Total number of shares over which 
       at time of grant) or indication         options are held following notification 
       that the price is to be fixed           N/A 
       at the time of exercise 
       N/A 
---  ---------------------------------  ---  ----------------------------------------- 
 
   Name and signature of duly designated officer of issuer responsible 
   for making notification 
 
   Julian Hicks 
 
   Date of notification 13 October 2014 
-------------------------------------------------------------------------------------- 
 

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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