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Director/PDMR Shareholding

24th Jan 2012 18:32

RNS Number : 1179W
Premier Oil PLC
24 January 2012
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

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.

 

(ii)

 

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

 

AS ABOVE

8.

State the nature of the transaction

 

RELEASE OF 35,544 NOMINEE SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET & EQUITY PLAN (AEP) AWARDED IN 2006

 

RELEASE OF 150,624 MATCHING SHARES UNDER THE PREMIER OIL PLC ASSET & EQUITY PLAN AWARDED IN 2006.

WITHHOLDING OF 75,312 SHARES FOR TAX.

 

RELEASE OF 158,988 SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

WITHHOLDING OF 79,494 SHARES FOR TAX

 

AWARD OF 158,987 LTIP DEFERRED SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

 

9.

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

 

NOMINEE SHARES: 35,544 (net)

 

MATCHING SHARES: 75,312 (net)

 

LTIP SHARES: 79,494 (net)

 

LTIP DEFERRED SHARES: 158,987

 

10.

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

 

0.064%

11.

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

 

154,806 SHARES WITHHELD TO COVER TAX AND NI LIABILITY INCURRED ON RELEASE OF SHARES.

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

 

£4.185

14.

Date and place of transaction

 

20.01.2012

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: 1,442,333 (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,18,108 Deferred Bonus Shares, 8048 Share Options and 17,048 SIP Shares)

 

Total percentage holding: 0.3301%

 

16.

Date issuer informed of transaction

 

23.01.2012

 

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

 

 

 

 

Date of notification  24 January 2012 H Kawan - Deputy Company Secretary

 

 

 

 

 

 

23. The Nominee Shares and Matching Shares have been released pursuant to the maturity of awards under the terms of the Premier Oil plc Asset and Equity Plan. Sufficient shares have been withheld to cover any tax and national insurance liability arising on the release of the shares.

 

Shares have been released pursuant to the maturity of the 2009-2011 Award under the terms of the Long Term Incentive Plan 2009. Sufficient shares have been withheld to cover any tax and national insurance liability arising

on the release of the shares.

 

In accordance with the commitment made to shareholders, the LTIP Deferred Shares will be entered into a Matching Award scheme with a mandatory deferral period of three years. A further announcement will be made when the Matching Award has been granted.

 

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

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.

 

(ii)

 

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

 

AS ABOVE

 

8.

State the nature of the transaction

 

RELEASE OF 48,972 NOMINEE SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET AND EQUITY PLAN (AEP)

 

RELEASE OF 207,582 MATCHING SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET AND EQUITY PLAN (AEP) AWARDED IN 2009

 WITHHOLDING OF 107,915 SHARES FOR TAX

 

RELEASE OF 227,582 SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

WITHHOLDING OF 118,343 SHARES FOR TAX

 

AWARD OF 227,581 LTIP DEFERRED SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

 

9.

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

 

NOMINEE SHARES: 48,972

 

MATCHING SHARES: 99,613 (net)

 

LTIP SHARES: 109,239 (net)

 

LTIP DEFERRED SHARES: 227,581

 

 

 

10.

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

 

0.092%

 

11.

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

 

226,258 SHARES WITHHELD TO COVER TAX AND NI LIABILITY INCURRED IN THE RELEASE OF SHARES.

12.

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

 

NA

13.

Price per share or value of transaction

 

£4.185

14.

Date and place of transaction

 

20.01.2012

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: 2,757,536

Comprising

1,179,768 owned shares

162,608 Nominee Shares

 3,480 share options

 26,256 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: 0.517%

 

16.

Date issuer informed of transaction

 

 

23.01.2012

 

 

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

 

 

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

 

 

 

 

Date of notification 24 January 2012 H Kawan  - Deputy Company Secretary

 

 

 

 

23. The Nominee Shares and Matching Shares have been released pursuant to the maturity of awards under the terms of the Premier Oil plc Asset and Equity Plan. Sufficient shares have been withheld to cover any tax and national insurance liability arising on the release of the shares.

 

Shares have been released pursuant to the maturity of the 2009-2011 Award under the terms of the Long Term Incentive Plan 2009. Sufficient shares have been withheld to cover any tax and national insurance liability arising

on the release of the shares.

 

In accordance with the commitment made to shareholders, the LTIP Deferred Shares will be entered into a Matching Award scheme with a mandatory deferral period of three years. A further announcement will be made when the Matching Award has been granted.

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

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.

 

(ii)

 

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 50P EACH

7.

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

 

AS ABOVE

 

8.

State the nature of the transaction

 

 RELEASE OF 35,544 NOMINEE SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET AND EQUITY PLAN (AEP)

 

RELEASE OF 150,624 MATCHING SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET AND EQUITY PLAN (AEP) AWARDED IN 2009

 WITHHOLDING OF 78,325 SHARES FOR TAX

 

RELEASE OF 162,914 SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

WITHHOLDING OF 84,715 SHARES FOR TAX

 

AWARD OF 162,913 LTIP DEFERRED SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

 

 

9.

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

 

NOMINEE SHARES: 35,544

 

MATCHING SHARES: 72,299 (NET)

 

LTIP SHARES: 78,199 (NET)

 

LTIP DEFERRED SHARES: 162,913

 

 

 

10.

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

 

0.066 %

 

11.

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

 

163,040 SHARES WITHHELD TO COVER TAX LIABILITY INCURRED IN THE RELEASE OF SHARES.

12.

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

 

NA

13.

Price per share or value of transaction

 

£4.185

 

14.

Date and place of transaction

 

20.01.2012

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: 1,866,190

Comprising

811,786 owned shares

112,764 nominee shares

19,312 deferred bonus shares

78,228 AEP shares

433,410 Matching Award shares

240,883 Performance Share Awards

162,913 LTIP Deferred Shares

6,894 SIP shares)

 

Total percentage holding: 0.353

 

16.

Date issuer informed of transaction

 

 

23.01.12

 

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

 

 

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

 

 

 

 

Date of notification 24 January 2010 H Kawan  - Deputy Company Secretary

 

 

 

23. The Nominee Shares and Matching Shares have been released pursuant to the maturity of awards under the terms of the Premier Oil plc Asset and Equity Plan. Sufficient shares have been withheld to cover any tax and national insurance liability arising on the release of the shares.

 

Shares have been released pursuant to the maturity of the 2009-2011 Award under the terms of the Long Term Incentive Plan 2009. Sufficient shares have been withheld to cover any tax and national insurance liability arising

on the release of the shares.

 

In accordance with the commitment made to shareholders, the LTIP Deferred Shares will be entered into a Matching Award scheme with a mandatory deferral period of three years. A further announcement will be made when the Matching Award has been granted.

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

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.

 

(ii)

 

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

 

AS ABOVE

 

8.

State the nature of the transaction

 

RELEASE OF 35,544 NOMINEE SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET AND EQUITY PLAN (AEP)

 

RELEASE OF 150,624 MATCHING SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET AND EQUITY PLAN (AEP) AWARDED IN 2009

 WITHHOLDING OF 78,325 SHARES FOR TAX

 

RELEASE OF 158,988 SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

WITHHOLDING OF 82,674 SHARES FOR TAX

 

AWARD OF 158,987 LTIP DEFERRED SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

 

9.

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

 

NOMINEE SHARES: 35,544

 

MATCHING SHARES: 72,299 (NET)

 

LTIP SHARES: 76,314 (NET)

 

LTIP DEFERRED SHARSE: 158,987

 

10.

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

 

0.065%

 

11.

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

 

160,999 SHARES WITHHELD SOLD TO COVER TAX LIABILITY INCURRED IN THE RELEASE OF SHARES.

12.

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

 

NA

 

13.

Price per share or value of transaction

 

£4.185

 

14.

Date and place of transaction

 

20.01.2012

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: 1,564,974

Comprising

519,201 owned shares

56,128 Nominee Shares

105,948 deferred bonus shares

73,340 AEP shares

421,190 Matching Award shares

223,286 Performance Share Awards

158,987 LTIP Deferred Shares

6894 SIP shares)

 

Total percentage holding: 0.30%

 

16.

Date issuer informed of transaction

 

 

23.01.2012

 

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

 

 

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

 

 

 

 

Date of notification 24 January 2012 H Kawan  - Deputy Company Secretary

 

 

23. The Nominee Shares and Matching Shares have been released pursuant to the maturity of awards under the terms of the Premier Oil plc Asset and Equity Plan. Sufficient shares have been withheld to cover any tax and national insurance liability arising on the release of the shares.

 

Shares have been released pursuant to the maturity of the 2009-2011 Award under the terms of the Long Term Incentive Plan 2009. Sufficient shares have been withheld to cover any tax and national insurance liability arising

on the release of the shares.

 

In accordance with the commitment made to shareholders, the LTIP Deferred Shares will be entered into a Matching Award scheme with a mandatory deferral period of three years. A further announcement will be made when the Matching Award has been granted.

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

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.

 

(ii)

 

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

 

AS ABOVE

 

8.

State the nature of the transaction

RELEASE OF 35544 NOMINEE SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET AND EQUITY PLAN (AEP)

 

RELEASE OF 150,624 MATCHING SHARES UNDER THE TERMS OF THE PREMIER OIL PLC ASSET AND EQUITY PLAN (AEP) AWARDED IN 2009

 WITHHOLDING OF 78,325 SHARES FOR TAX

 

RELEASE OF 75,381 PERFORMANCE SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

WITHHOLDING OF 39,198 SHARES FOR TAX

 

AWARD OF 75,381 LTIP DEFERRED SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

 

 

9.

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

 

NOMINEE SHARES: 35,544

 

MATCHING SHARES: 72,299 (NET)

 

LTIP SHARES: 36,314 (NET)

 

LTIP DEFERRED SHARES: 75,381

 

 

10.

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

 

0.042%

 

11.

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

 

117,523 SHARES WITHELD TO COVER TAX LIABILITY INCURRED IN THE RELEASE OF SHARES.

12.

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

 

NA

 

13.

Price per share or value of transaction

 

£4.185

 

14.

Date and place of transaction

 

20.01.2012

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: 1,215,130

Comprising

586,402 owned shares

69,308 Nominee Shares

3,480 share options

12,552 deferred bonus shares

50,848 AEP shares

268,688 Matching Award shares

142,841 LTIP Performance Share Awards

75,381 LTIP Deferred Shares

5630 SIP shares

 

Total percentage holding: 0.25%

 

16.

Date issuer informed of transaction

 

 

23.01.2010

 

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

 

 

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

 

 

 

 

Date of notification 24 January 2012 H Kawan - Deputy Company Secretary

 

 

 

23. The Nominee Shares and Matching Shares have been released pursuant to the maturity of awards under the terms of the Premier Oil plc Asset and Equity Plan. Sufficient shares have been withheld to cover any tax and national insurance liability arising on the release of the shares.

 

Shares have been released pursuant to the maturity of the 2009-2011 Award under the terms of the Long Term Incentive Plan 2009. Sufficient shares have been withheld to cover any tax and national insurance liability arising

on the release of the shares.

 

In accordance with the commitment made to shareholders, the LTIP Deferred Shares will be entered into a Matching Award scheme with a mandatory deferral period of three years. A further announcement will be made when the Matching Award has been granted.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

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.

 

(ii)

 

3.

Name of person discharging managerial responsibilities/director

 

 A 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 12.5P EACH

7.

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

 

AS ABOVE

8.

State the nature of the transaction

 

 

RELEASE OF 154,082 SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

WITHHOLDING OF 80,123 SHARES FOR TAX

 

AWARD OF 154,081 LTIP DEFERRED SHARES UNDER THE PREMIER OIL PLC LTIP 2009.

 

9.

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

 

LTIP SHARES: 73,959 (NET)

 

LTIP DEFERRED SHARES: 154,081

 

10.

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

 

0.043%

11.

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

 

80,123 SHARES WITHHELD TO COVER TAX AND NI LIABILITY INCURRED ON RELEASE OF SHARES.

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

 

£4.185

14.

Date and place of transaction

 

20.01.2012

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: 856,740

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

18,108 Deferred Bonus Shares,

3480 Share Options

2264 SIP Shares

 

Total percentage holding: 0.162%

 

16.

Date issuer informed of transaction

 

23.01.2012

 

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

 

 

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

 

 

 

 

Date of notification  24 January 2012 H Kawan - Deputy Company Secretary

 

 

 

23. The Nominee Shares and Matching Shares have been released pursuant to the maturity of awards under the terms of the Premier Oil plc Asset and Equity Plan. Sufficient shares have been withheld to cover any tax and national insurance liability arising on the release of the shares.

 

Shares have been released pursuant to the maturity of the 2009-2011 Award under the terms of the Long Term Incentive Plan 2009. Sufficient shares have been withheld to cover any tax and national insurance liability arising

on the release of the shares.

 

In accordance with the commitment made to shareholders, the LTIP Deferred Shares will be entered into a Matching Award scheme with a mandatory deferral period of three years. A further announcement will be made when the Matching Award has been granted.

 

 

 

 

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

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