Premier Oil PLC Director/PDMR Shareholding (3940G)
March 03 2015 - 7:00AM
UK Regulatory
TIDMPMO
RNS Number : 3940G
Premier Oil PLC
03 March 2015
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Premier Oil plc ("the Company")
Premier Oil plc Deferred Bonus Share Plan ("DBSP")
Release of deferred shares
The Company's Employee Benefit Trust has today satisfied the
release of shares detailed below, to the Persons Discharging
Managerial Responsibility named below, pursuant to the maturity of
awards under the terms of the Company's Deferred Bonus Share Plan
(the "Plan"). The awards released consisted of awards made on 19
January 2012 in relation to the financial year ending 31 December
2011 along with dividend equivalent awards made on 14 June 2013 and
21 May 2014. Sufficient shares were withheld to cover the income
tax and National Insurance contributions falling due on release of
the shares resulting in the net share transfers shown below. The
share price used to determine the income tax and National Insurance
liabilities due was the closing mid market quotation for shares in
the Company on 26 February 2015, GBP1.673 per share.
Gross number of Deferred Shares scheduled for release
under the DBSP
--------------- ----------------------------------------------------------- ------------------- -------------------
Number of shares
withheld to cover
income tax and
National Insurance Net number of
Dividend Dividend equivalent contributions due Deferred Shares
Original award equivalent award award on transferred to
Director 19.01.12 14.06.13 21.05.14 release of shares Director
--------------- ---------------- ------------------- -------------------- ------------------- -------------------
Robin Allan 3,643 47 59 (1,689) 2,060
--------------- ---------------- ------------------- -------------------- ------------------- -------------------
Tony Durrant 3,996 52 65 (1,935) 2,178
--------------- ---------------- ------------------- -------------------- ------------------- -------------------
Neil Hawkings 3,643 47 59 (1,764) 1,985
--------------- ---------------- ------------------- -------------------- ------------------- -------------------
Andrew Lodge 3,643 47 59 (1,764) 1,985
--------------- ---------------- ------------------- -------------------- ------------------- -------------------
Date Company notified: 3 March 2015
Date of notification: 3 March 2015
Rachel Benjamin
Premier Oil plc
+44 (0)20 7730 1111
Copies of Premier's announcements are available on the corporate
website: www.premier-oil.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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