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Director/PDMR Shareholding

17th Jun 2010 16:51

RNS Number : 8275N
Premier Oil PLC
17 June 2010
 



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) and (iii)

 

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 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 35,392 MATCHING SHARE AWARDS UNDER THE TERMS OF THE PREMIER OIL PLC ASSET & EQUITY PLAN

 

9.

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

 

 

 

N/A

10.

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

 

N/A

 

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

 

N/A

14.

Date and place of transaction

 

17.06.2010

 

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: 306,080 shares (comprising: 101,962 own shares, 39,380 nominee shares,

870 share options, 116,389 Matching Award shares, 43,498 LTIP performance shares and 3,981 SIP shares)

 

Total percentage holding: 0.263%

 

16.

Date issuer informed of transaction

 

17.06.2010

 

 

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

 

Ms H Garratt - 020 7730 1111

 

 

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

 

 

 

 

Date of notification 17 June 2010 H Garratt - Deputy Company Secretary

 

 

 

 23. Further to the announcement made on 30 March 2010, the deferred shares awarded to the executive directors and PDMR's relating to the 2007 award under the Premier Oil plc Asset and Equity Plan have been entered into a Matching Award scheme with a mandatory deferral period of three years, in accordance with the commitment made to shareholders. The number of shares comprised in the Matching Award "matches" the Deferred Shares by a maximum ratio of 2.5:1. Vesting will be on a proportionate basis, on the determination of the Performance Conditions and, to the extent that they have been satisfied, provided the Participant is still employed by the Premier Oil group at the time when the Matching Award vests.

 

 

 

 

 

 

 

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) and (iii)

 

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 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 90,607 MATCHING SHARE AWARDS UNDER THE TERMS OF THE PREMIER OIL PLC ASSET & EQUITY PLAN

 

9.

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

 

 

 

N/A

10.

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

 

N/A

 

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

 

N/A

14.

Date and place of transaction

 

17.06.2010

 

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: 626,961 (comprising 182,257 owned shares, 83,900 nominee shares, 2,030 share options, 245,629 AEP Matching Award shares, 3,981 SIP shares and 109,164 Performance Share Awards)

 

Total percentage holding: 0.5387%

 

16.

Date issuer informed of transaction

 

17.06.2010

 

 

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

 

Ms H Garratt - 020 7730 1111

 

 

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

 

 

 

 

Date of notification 17 June 2010 H Garratt - Deputy Company Secretary

 

 

 

 23. Further to the announcement made on 30 March 2010, the deferred shares awarded to the executive directors and PDMR's relating to the 2007 award under the Premier Oil plc Asset and Equity Plan have been entered into a Matching Award scheme with a mandatory deferral period of three years, in accordance with the commitment made to shareholders. The number of shares comprised in the Matching Award "matches" the Deferred Shares by a maximum ratio of 2.5:1. Vesting will be on a proportionate basis, on the determination of the Performance Conditions and, to the extent that they have been satisfied, provided the Participant is still employed by the Premier Oil group at the time when the Matching Award vests.

 

 

 

 

 

 

 

 

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) and (iii)

 

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 13,222 MATCHING SHARE AWARDS UNDER THE TERMS OF THE PREMIER OIL PLC ASSET & EQUITY PLAN

 

9.

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

 

 

 

N/A

10.

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

 

N/A

 

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

 

N/A

 

 

14.

Date and place of transaction

 

17.06.2010

 

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: 110,421 (comprising: 13,643 own shares, 22,126 nominee shares, 13,222 AEP Matching Award shares, 870 share options, 60,284 LTIP performance shares and 276 SIP shares)

 

Total percentage holding: 0.0949%

 

16.

Date issuer informed of transaction

 

17.06.2010

 

 

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

 

Ms H Garratt - 020 7730 1111

 

 

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

 

 

 

 

Date of notification 17 June 2010 H Garratt - Deputy Company Secretary

 

 

 

 23. Further to the announcement made on 30 March 2010, the deferred shares awarded to the executive directors and PDMR's relating to the 2007 award under the Premier Oil plc Asset and Equity Plan have been entered into a Matching Award scheme with a mandatory deferral period of three years, in accordance with the commitment made to shareholders. The number of shares comprised in the Matching Award "matches" the Deferred Shares by a maximum ratio of 2.5:1. Vesting will be on a proportionate basis, on the determination of the Performance Conditions and, to the extent that they have been satisfied, provided the Participant is still employed by the Premier Oil group at the time when the Matching Award vests.

 

 

 

 

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) and (iii)

 

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 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 59,460 MATCHING SHARE AWARDS UNDER THE TERMS OF THE PREMIER OIL PLC ASSET & EQUITY PLAN

 

9.

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

 

 

 

N/A

10.

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

 

N/A

 

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

 

N/A

14.

Date and place of transaction

 

17.06.2010

 

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: 341,127 (comprising: 58,395 own shares, 35,669 nominee shares, 2,414 share options, 151,149 AEP Matching Award shares, 29,329 Deferred Bonus Scheme shares, 62,737 LTIP performance shares and 1,434 SIP shares)

 

Total percentage holding: 0.2931%

 

16.

Date issuer informed of transaction

 

17.06.2010

 

 

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

 

Ms H Garratt - 020 7730 1111

 

 

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

 

 

 

 

Date of notification 17 June 2010 H Garratt - Deputy Company Secretary

 

 

 23. Further to the announcement made on 30 March 2010, the deferred shares awarded to the executive directors and PDMR's relating to the 2007 award under the Premier Oil plc Asset and Equity Plan have been entered into a Matching Award scheme with a mandatory deferral period of three years, in accordance with the commitment made to shareholders. The number of shares comprised in the Matching Award "matches" the Deferred Shares by a maximum ratio of 2.5:1. Vesting will be on a proportionate basis, on the determination of the Performance Conditions and, to the extent that they have been satisfied, provided the Participant is still employed by the Premier Oil group at the time when the Matching Award vests.

 

 

 

 

 

 

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) and (iii)

 

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 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 59,460 MATCHING SHARE AWARDS UNDER THE TERMS OF THE PREMIER OIL PLC ASSET & EQUITY PLAN

 

9.

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

 

 

 

N/A

10.

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

 

N/A

 

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

 

N/A

14.

Date and place of transaction

 

17.06.2010

 

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: 399,324 (comprising: 103,170 own shares, 55,871 nominee shares, 2,012 share options, 171,562 AEP Matching Award shares, 62,737 LTIP performance shares and 3,972 SIP shares)

 

Total percentage holding: 0.3431%

 

16.

Date issuer informed of transaction

 

17.06.2010

 

 

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

 

Ms H Garratt - 020 7730 1111

 

 

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

 

 

 

 

Date of notification 17 June 2010 H Garratt - Deputy Company Secretary

 

 

 

23. Further to the announcement made on 30 March 2010, the deferred shares awarded to the executive directors and PDMR's relating to the 2007 award under the Premier Oil plc Asset and Equity Plan have been entered into a Matching Award scheme with a mandatory deferral period of three years, in accordance with the commitment made to shareholders. The number of shares comprised in the Matching Award "matches" the Deferred Shares by a maximum ratio of 2.5:1. Vesting will be on a proportionate basis, on the determination of the Performance Conditions and, to the extent that they have been satisfied, provided the Participant is still employed by the Premier Oil group at the time when the Matching Award vests.

 

 

 

 

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) and (iii)

 

3.

Name of person discharging managerial responsibilities/director

 

A R 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 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 59,460 MATCHING SHARE AWARDS UNDER THE TERMS OF THE PREMIER OIL PLC ASSET & EQUITY PLAN

 

9.

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

 

 

 

N/A

10.

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

 

N/A

 

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

 

N/A

14.

Date and place of transaction

 

17.06.2010

 

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: 380,791 (comprising: 94,947 own shares, 56,412 nominee shares, 2,414 share options, 158,664 AEP Matching Award shares, 66,920 LTIP performance shares and 1,434 SIP shares)

 

Total percentage holding: 0.327%

 

16.

Date issuer informed of transaction

 

17.06.2010

 

 

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

 

Ms H Garratt - 020 7730 1111

 

 

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

 

 

 

 

Date of notification 17 June 2010 H Garratt - Deputy Company Secretary

 

 

 

 23. Further to the announcement made on 30 March 2010, the deferred shares awarded to the executive directors and PDMR's relating to the 2007 award under the Premier Oil plc Asset and Equity Plan have been entered into a Matching Award scheme with a mandatory deferral period of three years, in accordance with the commitment made to shareholders. The number of shares comprised in the Matching Award "matches" the Deferred Shares by a maximum ratio of 2.5:1. Vesting will be on a proportionate basis, on the determination of the Performance Conditions and, to the extent that they have been satisfied, provided the Participant is still employed by the Premier Oil group at the time when the Matching Award vests.

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