13th Apr 2012 11:41
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.
1 | Name of the Issuer
DRAGON OIL PLC | 2 | Name of person discharging managerial responsibilities
Alex Ridout
|
3 | State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person
NO
| 4 | Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest
Holding of a beneficial interest |
5 | Description of shares or derivatives or other financial instruments linked to them
Ordinary shares of €0.10 each | 6 | Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder
Alex Ridout: 20,000 ordinary shares
Alex Ridout: 150,000 options over ordinary shares
|
7 | State the nature of the transaction
Acquisition of ordinary shares by the Employee Share Purchase Plan.
| 8 | Number of shares, derivatives or other financial instruments linked to them acquired
1,578 |
9 | Number of shares, derivatives or other financial instruments linked to them disposed of
N/A | 10 | Price per share or derivative or other financial instrument linked to them or value of transaction
1,578 at Stg. 525.09p
|
11 | Date and place of transaction
London - administrator of the Employee Share Purchase Plan acquired the shares on 3 April 2012 | 12 | Date issuer informed of transaction
Shares allocated on 12 April and notification was received from the administrator of the Employee Share Purchase Plan on 13 April 2012
|
13 | Any additional information
N/A | 14 | Name of contact and 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 13 April 2012 | |||
IMPORTANT NOTICE- The following information is required under the Irish Stock Exchange's (ISE) Listing Rule 6.10. An issuer is not required to submit the following information to the Central Bank of Ireland (Central Bank).
15 | Description of class of share
Ordinary shares of €0.10 each
| 16 | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
N/A
|
17 | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
| 18 | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
21,578 ordinary shares - 0.0% |
If a person discharging managerial responsibilities has been granted options by the issuer, please complete the following boxes:
19 | Date of grant 9 April 2012 | 20 | Period during which or date on which it can be exercised Vesting in total on 8 April 2015 and expiry is 10 years after date of grant |
21 | Total amount paid (if any) for grant of the option n/a | 22 | Description of shares involved (class and number) 50,000 Ordinary Shares of €0.10 each |
23 | Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise Strike price is Stg 608p | 24 | Total number of shares over which options are held following notification 200,000 Ordinary Shares of €0.10 each |
Name and signature of duly designated officer of issuer responsible for making notification
Alex Ridout
Date of notification 13 April 2012
I hereby acknowledge and confirm that I am aware that the information as has been provided by me in response to the questions at 15-24 above is not information which has been required by or which I have been requested to provide to the Central Bank and is information which is relevant to the ISE's Listing Rule 6.10 only.
Related Shares:
DGO.L