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Director/PDMR Shareholding

31st Mar 2010 15:45

RNS Number : 5503J
Premier Oil PLC
31 March 2010
 



For immediate release 31 March 2010

 

 

PREMIER OIL PLC

("the Company")

 

 

Notification of Dealings in the Company's shares by Persons Discharging Managerial Responsibility ("PDMRs") and connected persons

 

The Company announces the following dealings by PDMRs in the Company's Ordinary Shares of 50p each ("Shares").

 

 

On 30 March 2010, the following Shares were transferred to and sold by PDMRs in connection with awards granted under the Company's Deferred Bonus Share Plan 2006:

 

PDMR

Number of Shares transferred

Number of Shares sold to settle tax liabilities (sold at £12.309689 per Share)

 

Net number of Shares transferred

A G LODGE

6,530

2,678

3,852

 

Note: these awards were made in January 2010 in respect of the deferred element of previous annual bonus awards. The net number of Shares delivered pursuant to these awards continue to be subject to the terms of the Deferred Bonus Share Plan 2006.

 

No consideration was payable in connection with the vesting of any of these awards.

 

The above notifications are intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.

 

 

31 March 2010

 

Enquiries: 0207 730 1111

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