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Director/PDMR Shareholding

25th Jan 2012 15:00

RNS Number : 1543W
Premier Oil PLC
25 January 2012
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1) 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.

(2) 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.

(3) 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.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

Please complete all relevant boxes should in block capital letters.

1.

Name of the issuer

 

PREMIER OIL PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with

DTR 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

 

(i)

3.

Name of person discharging managerial responsibilities/director

 

S C LOCKETT

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

 

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

 

PERSON NAMED IN 3.

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES OF 12.5P EACH

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

GREENWOOD NOMINEES LIMITED (FOR EMPLOYEE BENEFIT TRUST)

 

8.

State the nature of the transaction

 

AWARD OF DEFERRED BONUS SHARES UNDER THE TERMS OF THE PREMIER OIL PLC DEFERRED BONUS SHARE PLAN.

 

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

 

DEFERRED BONUS SHARES: 5,876

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

DEFERRED BONUS SHARES:  0.0011%

 

11.

Number of shares, debentures or financial instruments relating to shares disposed

 

 

 

N/A

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

 

13.

Price per share or value of transaction

 

AWARD PRICE PER SHARE: £4.2540

 

14.

Date and place of transaction

 

19.01.2012

 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

TOTAL HOLDING: 2,763,412

Comprising:

1,179,768 owned shares

162,608 Nominee Shares

 3,480 Share Options

 32,132 Deferred Bonus Shares

106,344 AEP shares

 628,288 Matching Award shares

227,581 LTIP Deferred Shares

 406,129 LTIP Performance Share Awards

17,082 SIP shares

 

Total percentage holding: 0.522%

 

16.

Date issuer informed of transaction

 

24.01.2012

 

 

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

 

17.

Date of grant

 

 

N/A

18.

Period during which or date on which it can be exercised

 

N/A

 

19.

Total amount paid (if any) for grant of the option

 

N/A

 

20.

Description of shares or debentures involved (class and number)

 

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

Total number of shares or debentures over which options held following notification

 

 

N/A

23.

Any additional information

 

 

SEE BELOW

24.

Name of contact and telephone number for queries

 

H KAWAN - 020 7730 1111

 

 

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

H KAWAN

DEPUTY COMPANY SECRETARY

25 JANUARY 2012

 

 

ADDITIONAL INFORMATION

Company policy is that any bonus earned up to 50 per cent of salary is payable immediately in cash, with the balance of any bonus earned above 50 per cent of salary deferred in shares for three years.

 

In respect of the Deferred Bonus Share Award, bonuses for the year ended 31 December 2011 were decided on the basis of performance against a number of targets including finance and organisation; production and development; exploration; and health, safety, environment and security. The Deferred Bonus Shares will vest on the third anniversary of the date of the award.

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1) 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.

(2) 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.

(3) 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.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

Please complete all relevant boxes should in block capital letters.

1.

Name of the issuer

 

PREMIER OIL PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with

DTR 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

 

(i)

3.

Name of person discharging managerial responsibilities/director

 

R A ALLAN

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

 

PERSON NAMED IN 3.

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES OF 12.5P EACH

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

GREENWOOD NOMINEES LIMITED (FOR EMPLOYEE BENEFIT TRUST)

 

8.

State the nature of the transaction

 

AWARD OF DEFERRED BONUS SHARES UNDER THE TERMS OF THE PREMIER OIL PLC DEFERRED BONUS SHARE PLAN.

 

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

 

 

DEFERRED BONUS SHARES: 3,643

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

DEFERRED BONUS SHARES: 0.0007%

 

11.

Number of shares, debentures or financial instruments relating to shares disposed

 

 

 

N/A

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

 

13.

Price per share or value of transaction

 

AWARD PRICE PER SHARE: £4.2540

 

14.

Date and place of transaction

 

19.01.2012

 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

TOTAL HOLDING: 1,445,976

Comprising:

360,066 own shares

110,668 Nominee Shares

73,340 AEP Deferred Shares

472,782 AEP Matching Shares

223,286 LTIP Performance Shares

158,987 LTIP Deferred Shares

21,751 Deferred Bonus Shares

8,048 Share Options

17,048 SIP Shares

 

Total percentage holding: 0.2733%

 

16.

Date issuer informed of transaction

 

24.01.2012

 

 

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

17.

Date of grant

 

 

N/A

18.

Period during which or date on which it can be exercised

 

N/A

 

19.

Total amount paid (if any) for grant of the option

 

N/A

 

20.

Description of shares or debentures involved (class and number)

 

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

Total number of shares or debentures over which options held following notification

 

 

N/A

23.

Any additional information

 

 

SEE BELOW

24.

Name of contact and telephone number for queries

 

H KAWAN - 020 7730 1111

 

 

 

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

H KAWAN

DEPUTY COMPANY SECRETARY

25 JANUARY 2012

 

 

 

ADDITIONAL INFORMATION

Company policy is that any bonus earned up to 50 per cent of salary is payable immediately in cash, with the balance of any bonus earned above 50 per cent of salary deferred in shares for three years.

 

In respect of the Deferred Bonus Share Award, bonuses for the year ended 31 December 2011 were decided on the basis of performance against a number of targets including finance and organisation; production and development; exploration; and health, safety, environment and security. The Deferred Bonus Shares will vest on the third anniversary of the date of the award.

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1) 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.

(2) 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.

(3) 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.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

Please complete all relevant boxes should in block capital letters.

1.

Name of the issuer

 

PREMIER OIL PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with

DTR 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

 

(i)

3.

Name of person discharging managerial responsibilities/director

 

A R C DURRANT

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

 

PERSON NAMED IN 3.

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES OF 12.5P EACH

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

GREENWOOD NOMINEES LIMITED (FOR EMPLOYEE BENEFIT TRUST)

 

8.

State the nature of the transaction

 

AWARD OF DEFERRED BONUS SHARES UNDER THE TERMS OF THE PREMIER OIL PLC DEFERRED BONUS SHARE PLAN.

 

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

 

DEFERRED BONUS SHARES: 3,996

 

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

DEFERRED BONUS SHARES: 0.0008%

11.

Number of shares, debentures or financial instruments relating to shares disposed

 

 

 

N/A

 

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

 

13.

Price per share or value of transaction

 

AWARD PRICE PER SHARE: £4.2540

 

14.

Date and place of transaction

 

19.01.2012

 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

TOTAL HOLDING: 1,870,183

Comprising:

811,786 owned shares

112,764 Nominee Shares

23,308 Deferred Bonus Shares

78,228 AEP Deferred shares

433,410 Matching Award shares

240,883 Performance Share Awards

162,913 LTIP Deferred Shares

6,894 SIP shares)

 

Total percentage holding: 0.354%

 

16.

Date issuer informed of transaction

 

24.01.2012

 

 

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

 

17.

Date of grant

 

 

N/A

18.

Period during which or date on which it can be exercised

 

N/A

 

19.

Total amount paid (if any) for grant of the option

 

N/A

 

20.

Description of shares or debentures involved (class and number)

 

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

Total number of shares or debentures over which options held following notification

 

 

N/A

23.

Any additional information

 

 

SEE BELOW

24.

Name of contact and telephone number for queries

 

H KAWAN - 020 7730 1111

 

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

H KAWAN

DEPUTY COMPANY SECRETARY

25 JANUARY 2012

 

 

 

ADDITIONAL INFORMATION

Company policy is that any bonus earned up to 50 per cent of salary is payable immediately in cash, with the balance of any bonus earned above 50 per cent of salary deferred in shares for three years.

 

In respect of the Deferred Bonus Share Award, bonuses for the year ended 31 December 2011 were decided on the basis of performance against a number of targets including finance and organisation; production and development; exploration; and health, safety, environment and security. The Deferred Bonus Shares will vest on the third anniversary of the date of the award.

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1) 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.

(2) 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.

(3) 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.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

Please complete all relevant boxes should in block capital letters.

1.

Name of the issuer

 

PREMIER OIL PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with

DTR 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

 

(i)

 

3.

Name of person discharging managerial responsibilities/director

 

N HAWKINGS

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

 

PERSON NAMED IN 3.

 

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES OF 12.5P EACH

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

GREENWOOD NOMINEES LIMITED (FOR EMPLOYEE BENEFIT TRUST)

 

8.

State the nature of the transaction

 

AWARD OF DEFERRED BONUS SHARES UNDER THE TERMS OF THE PREMIER OIL PLC DEFERRED BONUS SHARE PLAN.

 

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

DEFERRED BONUS SHARES: 3,643

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

DEFERRED BONUS SHARES: 0.0007%

 

11.

Number of shares, debentures or financial instruments relating to shares disposed

 

 

 

N/A

 

 

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

13.

Price per share or value of transaction

 

AWARD PRICE PER SHARE: £4.2540

 

14.

Date and place of transaction

 

19.01.2012

 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

TOTAL HOLDING: 1,568,617

Comprising:

519,201 owned shares

56,128 Nominee Shares

109,591 Deferred Bonus Shares

73,340 AEP Deferred shares

421,190 AEP Matching Award shares

223,286 Performance Share Awards

158,987 LTIP Deferred Shares

6,894 SIP shares

 

Total percentage holding: 0.30%

 

16.

Date issuer informed of transaction

 

24.01.2012

 

 

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

17.

Date of grant

 

 

N/A

18.

Period during which or date on which it can be exercised

 

N/A

 

19.

Total amount paid (if any) for grant of the option

 

N/A

 

20.

Description of shares or debentures involved (class and number)

 

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

Total number of shares or debentures over which options held following notification

 

 

N/A

23.

Any additional information

 

 

SEE BELOW

24.

Name of contact and telephone number for queries

 

H KAWAN - 020 7730 1111

 

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

H KAWAN

DEPUTY COMPANY SECRETARY

25 JANUARY 2012

 

 

 

ADDITIONAL INFORMATION

Company policy is that any bonus earned up to 50 per cent of salary is payable immediately in cash, with the balance of any bonus earned above 50 per cent of salary deferred in shares for three years.

 

In respect of the Deferred Bonus Share Award, bonuses for the year ended 31 December 2011 were decided on the basis of performance against a number of targets including finance and organisation; production and development; exploration; and health, safety, environment and security. The Deferred Bonus Shares will vest on the third anniversary of the date of the award. NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1) 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.

(2) 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.

(3) 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.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

Please complete all relevant boxes should in block capital letters.

1.

Name of the issuer

 

PREMIER OIL PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with

DTR 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

 

(i)

3.

Name of person discharging managerial responsibilities/director

 

A G LODGE

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

 

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

 

PERSON NAMED IN 3.

 

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES OF 50P EACH

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

GREENWOOD NOMINEES LIMITED (FOR EMPLOYEE BENEFIT TRUST)

 

8.

State the nature of the transaction

 

AWARD OF DEFERRED BONUS SHARES UNDER THE TERMS OF THE PREMIER OIL PLC DEFERRED BONUS SHARE PLAN.

 

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

 

DEFERRED BONUS SHARES: 3,643

 

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

DEFERRED BONUS SHARES: 0.0007%

 

11.

Number of shares, debentures or financial instruments relating to shares disposed

 

 

 

N/A

 

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

13.

Price per share or value of transaction

 

AWARD PRICE PER SHARE: £4.2540

 

14.

Date and place of transaction

 

19.01.2012

 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

TOTAL HOLDING: 860,383

Comprising:

 211,939 own shares

27,888 Nominee Shares

46,516 AEP Deferred Shares

169,178 AEP Matching Shares,

223,286 LTIP Performance Share

154,081 LTIP Deferred Shares

21,751 Deferred Bonus Shares,

3,480 Share Options

2,264 SIP Shares

 

Total percentage holding: 0.163%

 

16.

Date issuer informed of transaction

 

24.01.2012

 

 

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

17.

Date of grant

 

 

N/A

18.

Period during which or date on which it can be exercised

 

N/A

 

19.

Total amount paid (if any) for grant of the option

 

N/A

 

20.

Description of shares or debentures involved (class and number)

 

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

Total number of shares or debentures over which options held following notification

 

 

N/A

23.

Any additional information

 

SEE BELOW

 

24.

Name of contact and telephone number for queries

 

H KAWAN - 020 7730 1111

 

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

H KAWAN

DEPUTY COMPANY SECRETARY

25 JANUARY 2012

 

 

 

ADDITIONAL INFORMATION

Company policy is that any bonus earned up to 50 per cent of salary is payable immediately in cash, with the balance of any bonus earned above 50 per cent of salary deferred in shares for three years.

 

In respect of the Deferred Bonus Share Award, bonuses for the year ended 31 December 2011 were decided on the basis of performance against a number of targets including finance and organisation; production and development; exploration; and health, safety, environment and security. The Deferred Bonus Shares will vest on the third anniversary of the date of the award.

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1) 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.

(2) 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.

(3) 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.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

Please complete all relevant boxes should in block capital letters.

1.

Name of the issuer

 

PREMIER OIL PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with

DTR 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

 

(i)

3.

Name of person discharging managerial responsibilities/director

 

S C HUDDLE

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

 

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

 

PERSON NAMED IN 3.

 

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES OF 12.5P EACH

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

GREENWOOD NOMINEES LIMITED (FOR EMPLOYEE BENEFIT TRUST)

 

8.

State the nature of the transaction

 

AWARD OF DEFERRED BONUS SHARES UNDER THE TERMS OF THE PREMIER OIL PLC DEFERRED BONUS SHARE PLAN.

 

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

DEFERRED BONUS SHARES: 2,527

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

DEFERRED BONUS SHARES: 0.0005%

 

11.

Number of shares, debentures or financial instruments relating to shares disposed

 

 

 

N/A

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

 

13.

Price per share or value of transaction

 

AWARD PRICE PER SHARE: £4.2540

 

 

14.

Date and place of transaction

 

19.01.2012

 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

TOTAL HOLDING: 1,217,657

Comprising:

586,402 owned shares

69,308 Nominee Shares

3,480 Share Options

15,079 Deferred Bonus Shares

50,848 AEP Deferred shares

268,688 AEP Matching Award shares

142,841 LTIP Performance Share Awards

75,381 LTIP Deferred Shares

5,630 SIP shares

 

Total percentage holding: 0.23%

 

16.

Date issuer informed of transaction

 

24.01.2012

 

 

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

17.

Date of grant

 

 

N/A

18.

Period during which or date on which it can be exercised

 

N/A

 

19.

Total amount paid (if any) for grant of the option

 

N/A

 

20.

Description of shares or debentures involved (class and number)

 

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

Total number of shares or debentures over which options held following notification

 

 

N/A

23.

Any additional information

 

 

SEE BELOW

24.

Name of contact and telephone number for queries

 

H KAWAN - 020 7730 1111

 

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

H KAWAN

DEPUTY COMPANY SECRETARY

25 JANUARY 2012

 

 

 

ADDITIONAL INFORMATION

Company policy is that any bonus earned up to 50 per cent of salary is payable immediately in cash, with the balance of any bonus earned above 50 per cent of salary deferred in shares for three years.

 

In respect of the Deferred Bonus Share Award, bonuses for the year ended 31 December 2011 were decided on the basis of performance against a number of targets including finance and organisation; production and development; exploration; and health, safety, environment and security. The Deferred Bonus Shares will vest on the third anniversary of the date of the award.

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