22nd May 2014 17:15
Premier Oil plc ("the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
A final dividend of 5 pence per share was paid on 21 May 2014 by the Company to shareholders on the register on 22 April 2014 in relation to the financial year ended 31 December 2013. Changes to the interests of the Company's Executive Directors in the Ordinary Shares of the Company, as a result of the dividend payment, are detailed below in accordance with the requirements of DTR 3.1.4R(1)(a).
Premier Oil plc Deferred Bonus Share Plan ("DBSP")Award of Dividend Equivalent SharesDividend Equivalent Awards (the "Awards") have been made to the Executive Directors named below under the Company's DBSP. The Awards were made on 21 May 2014 in London using the closing middle market quotation for shares in the Company on 16 April 2014 being the date on which the Company's shares went ex-div. The Company was notified of the Awards on 21 May 2014. The Dividend Equivalent awards will vest at the same time as the related 2011 Deferred Bonus Share Plan awards, at the earliest of 19 January 2015.
Director | Share Price used to calculate award (Closing MMQ16 April 2014) | Number of Dividend Equivalent shares awarded under the DBSP
|
Simon Lockett | £3.07 | 95 |
Robin Allan | £3.07 | 59 |
Anthony Durrant | £3.07 | 65 |
Neil Hawkings | £3.07 | 59 |
Andrew Lodge | £3.07 | 59 |
Enquiries:Rachel Benjamin Tel: +44(0)20 7730 1111Deputy Company Secretary
Related Shares:
PMO.L