TIDMPMO

RNS Number : 6661Y

Premier Oil PLC

02 December 2014

Share Buyback Programme

Transaction in Own Shares

2 December 2014

Premier Oil plc (the "Company") announces that it has purchased the following number of ordinary shares of 12.5 pence each:

 
 Date of purchase                        2 December 2014 
 Number of ordinary shares purchased     58,000 
                                        ---------------- 
 Highest price paid per share 
  (pence)                                200.50 
                                        ---------------- 
 Lowest price paid per share (pence)     191.40 
                                        ---------------- 
 Total voting rights in the Company 
  following purchase and cancellation    510,921,288 
                                        ----------------

The purchased shares will be cancelled. The total number of voting rights in Premier Oil plc, detailed above, may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

This announcement is made in accordance with the requirements of Listing Rule 12.4.6 and Disclosure and Transparency Rule 5.6.1A.

Further enquiries:

Investor Relations:

   Elizabeth Brooks         Tel: +44 (0)20 7730 1111

Company Secretariat:

   Rachel Benjamin        Tel: +44 (0)20 7730 1111

This information is provided by RNS

The company news service from the London Stock Exchange

END

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