4th Jun 2007 12:31
Premier Oil PLC04 June 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONSDISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby 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 2. State whether the notification relates to (i) a transaction notified in accordance with DR PREMIER OIL PLC 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (iii) 3. Name of person discharging 4. State whether notification relates managerial responsibilities/ to a person connected with a director person discharging managerial responsibilities/director named in 3 and identify the connected person N HAWKINGS N/A 5. Indicate whether the notification 6. Description of shares (including is in respect of a holding of the class), debentures or derivatives person referred to in 3 or 4 above or financial instruments relating or in respect of a non-beneficial to shares interest 1 PERSON NAMED IN 3. ORDINARY SHARES OF 50p EACH 7. Name of registered shareholder(s) 8. State the nature of the and, if more than one, the number transaction of shares held by each of them PREMIER OIL UK EMPLOYEE BENEFIT COMPANY PURCHASE OF SECURITIES TRUST UNDER A "SIP" 9. Number of shares, debentures or 10. Percentage of issued class financial instruments relating to acquired (treasury shares of that shares acquired class should not be taken into account when calculating percentage) 22 0.000027% 11. Number of shares, debentures or 12. Percentage of issued class financial instruments relating to disposed (treasury shares of that shares disposed class should not be taken into account when calculating percentage) N/A N/A 11. Number of shares, debentures or 12. Percentage of issued class financial instruments relating to disposed (treasury shares of that shares disposed class should not be taken into account when calculating percentage) N/A N/A 13. Price per share or value of 14. Date and place of transaction transaction £11.059981 01.06.2007 15. Total holding following 16. Date issuer informed of notification and total percentage transaction holding following notification (any treasury shares should not be taken into account when calculating percentage) Total holding: 47,221 (comprising: 01.06.2007 21,973 share options 11,416 bonus shares, 13,206 AEP shares and 626 SIP shares) Total percentage holding: 0.058% If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17. Date of grant 18. Period during which or date on which it can be exercised N/A N/A 19. Total amount paid (if any) for grant 20. Description of shares or of the option debentures involved (class and number) N/A N/A 21. Exercise price (if fixed at time of 22. Total number of shares or grant) or indication that price is to debentures over which options be fixed at the time of exercise held following notification N/A N/A 23. Any additional information 24. Name of contact and telephone number for queries SEE BELOW Ms H Garratt -020 7730 1111 Name and signature of duly authorised officer of issuer responsible for makingnotification Date of notification 4 June 2007 H D Garratt - Deputy Company Secretary 23. Any additional information: the 22 shares acquired are split as follows:- 11 Partnership Shares11 Matching Shares and will be held in trust for a period of three years after which Mr Hawkingsmay either retain the shares in the trust until he chooses to withdraw them, orwithdraw the shares from the trust and either hold the shares in his name orsell them. Should an employee leave the SIP scheme before the end of the three year periodhe will lose the right to the Matching Shares, unless he leaves due to:- InjuryRedundancyTUPE transferRetirementDeathSale of the Company As an executive director Mr Hawkings is deemed to have a beneficial interest inall of the shares held in the Premier Oil Employee Benefit Trust, whichcurrently holds 464,759 shares representing 0.57% of the Company's issued sharecapital. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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