12th Jun 2012 11:51
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
Disposal of a 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: 200,000 options over ordinary shares
Dragon Oil Employee Share Purchase Plan: 1,578 ordinary shares
|
7 | State the nature of the transaction
Exercise of share options and disposal of Ordinary Shares | 8 | Number of shares, derivatives or other financial instruments linked to them acquired
Exercise of 50,000 share options with an exercise price of Stg 177p
|
9 | Number of shares, derivatives or other financial instruments linked to them disposed of
11 June 2012 - 42,000 shares
| 10 | Price per share or derivative or other financial instrument linked to them or value of transaction
11 June 2012 - Stg 5.415
|
11 | Date and place of transaction
Exercise: 11 June 2012, London Disposal: 11 June 2012, London | 12 | Date issuer informed of transaction
12 June 2012
|
13 | Any additional information
N/A | 14 | Name of contact and telephone number for queries
Alex Ridout + 971 4 305 3651
|
Person authorised on behalf of the issuer responsible for making the notification
Alex Ridout
Date of notification 12 June 2012 | |||
Information required under Irish Stock Exchange Listing Rule 6.10
The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons. An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.
15 | Name of director or secretary (if not required to be stated in box 2)
Alex Ridout
| 16 | State whether the notification relates to a single transaction being notified in accordance with the Market Abuse Rules and ISE LR 6.10
Single Transaction
|
17 | Description of class of share
Ordinary shares of €0.10 each
| 18 | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.01%
|
19 | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.01%
| 20 | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
28,000 ordinary shares - 0.01% |
If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:
21 | Date of grant N/A | 22 | Period during which or date on which it can be exercised N/A |
23 | Total amount paid (if any) for grant of the option N/A | 24 | Description of shares involved (class and number) N/A |
25 | Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise N/A | 26 | Total number of shares over which options are held following notification N/A |
Name and signature of duly designated officer of issuer responsible for making notification
Alex Ridout
Date of notification 12 June 2012 | |||
The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.
Related Shares:
DGO.L