29th Mar 2007 15:41
Premier Oil PLC29 March 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING 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 theshares 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 theshares 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 and17 to 24. (4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completeboxes 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 3.1.4R(1)(a); or PREMIER OIL PLC (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 managerial responsibilities/ relates to a person connected director with a person discharging managerial responsibilities/ director named in 3 and identify the connected person S C LOCKETT 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 interest1 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 AS ABOVE EXERCISE OF 7,680 OPTIONS UNDER THE 1995 EXECUTIVE SHARE OPTION SCHEME. SALE OF 2,500 SHARES. 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) 7,680 0.0094% 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) 2,500 shares sold to cover tax N/A liability and dealing costs incurred from exercise of options. 13. Price per share or value of 14. Date and place of transaction transaction £12.55 29.03.2007 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: 111,076 (comprising 29.03.2007 30,991 owned shares, 9,861 share options, 27,026 bonus shares, 42,268 AEP shares and 3,111 SIP shares) Total percentage holding: 0.136% 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 makingnotificationDate of notification 29 March 2007 H D Garratt - Deputy Company Secretary 23. Executive directors are deemed to have a beneficial interest in all of theshares held in the Premier Oil Employee Benefit Trust, which currently holds480,099 shares (representing 0.59% of the Company's issued share capital). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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