Director/PDMR Shareholding

 1. 

Name of the issuer: 

AFREN PLC

2. 

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure (ii) a disclosure made in accordance with section 793 of the Companies Act (2006); or (iii) a disclosure made in accordance with paragraph 26 of the Model Code:

A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2 R,

3. 

Name of person discharging managerial responsibilities/director:

MR. SHAHID ULLAH 

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 interest

IN RESPECT OF PERSON REFERRED TO IN 3 ABOVE

6. 

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

ORDINARY SHARES OF ONE PENNY EACH

7. 

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

MR. SHAHID ULLAH

8 

State the nature of the transaction.

AWARD OF SHARES GRANTED ON APPOINTMENT OF SHAHID ULLAH TO THE BOARD OF THE COMPANY.

9. 

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

187,500 ORDINARY SHARES OF ONE PENNY EACH

10. 

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

0.02% 

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:

ONE PENNY PER SHARE 

14. 

Date and place of transaction:

4 JANUARY 2010

LONDON

15. 

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

3,268,461 ORDINARY SHARES

0.37% OF ISSUED SHARE CAPITAL

16. 

Date issuer informed of transaction: 4 JANUARY 2010 

17 

Date of grant:

18. 

Period during which or date on which exercisable: 

19. 

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

20. 

Description of shares or debentures involved (class and number):  

21. 

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

22. 

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

23. 

Any additional information:

PART OF THE SHARE AWARD GRANTED TO SHAHID ULLAH ON HIS 

APPOINTMENT TO THE BOARD OF THE COMPANY. 

24. 

Name of contact and telephone number for queries: 

ELEKWACHI UKWU

 + 44 (0) 20745 197 55

25

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

Notification:

SHIRIN JOHRI

26

Date of notification : 4 JANUARY 2010