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Directors/PDMR Shareholding

9th Apr 2008 14:11

Dragon Oil PLC09 April 2008 SCHEDULE 11 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons This form is intended for use by an issuer to make a RIS notification required by the Market Abuse Rules and section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990. (1) An issuer making a notification in respect of a transaction relatingto 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 tothe 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 adirector/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 the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. All relevant boxes should be completed in block capital letters 1 Name of the Issuer 2 State whether the notification relates to: Dragon Oil plc (i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). (iii) 3 Name of person discharging managerial 4 State whether notification relates to a person connected with a person responsibilities/director discharging managerial responsibilities/director named in 3 and identify the connected person Alex Ridout (Company Secretary) n/a5 Indicate whether the notification is 6 Description of shares (including class) debentures or derivatives or in respect of a holding of the person financial instruments relating to shares referred to in 3 or 4 above or in respect of a non-beneficial interest n/a n/a7 Name of registered shareholder(s) 8 State the nature of the transaction and, if more than one, number of shares held by each of them n/a n/a9 Number of shares, debentures or 10 Percentage of issued class acquired (treasury shares of that class financial instruments relating to should not be taken into account when calculating percentage) shares acquired n/a n/a11 Number of shares, debentures or 12 Percentage of issued class disposed (treasury shares of that class financial instruments relating to should not be taken into account when calculating percentage) shares disposed N/A N/A13 Price per share or value of 14 Date and place of transaction transaction N/A n/a15 Total holding following notification 16 Date issuer informed of transaction and total percentage holding following notification (any treasury 3 April 2008 shares should not be taken into account when calculating percentage) Nil 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 3 April 2008 Vesting in total after a period of 3 years and expiry is 10 years after date of grant.19 Total amount paid (if any) for grant 20 Description of shares or debentures involved of the option (class and number) n/a 53,333 Ordinary Shares21 Exercise price (if fixed at time of 22 Total number of shares or debentures over grant) or indication that the price which options are held following is to be fixed at the time of notification exercise 53,333 Strike price is Stg 451p.23 Any additional information 24 Name of contact and telephone number for queries Alex Ridout + 971 4 305 3651 1 Name of the Issuer 2 State whether the notification relates to: Dragon Oil plc (i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). (iii) 3 Name of person discharging managerial 4 State whether notification relates to a person connected with a person responsibilities/director discharging managerial responsibilities/director named in 3 and identify the connected person Alex Ridout (Company Secretary) n/a5 Indicate whether the notification is 6 Description of shares (including class) debentures or derivatives or in respect of a holding of the person financial instruments relating to shares referred to in 3 or 4 above or in respect of a non-beneficial interest Ordinary shares of €0.10 each Disposal of a beneficial interest.7 Name of registered shareholder(s) 8 State the nature of the transaction and, if more than one, number of shares held by each of them Disposal of Ordinary Shares Alex Ridout9 Number of shares, debentures or 10 Percentage of issued class acquired (treasury shares of that class financial instruments relating to should not be taken into account when calculating percentage) shares acquired n/a n/a11 Number of shares, debentures or 12 Percentage of issued class disposed (treasury shares of that class financial instruments relating to should not be taken into account when calculating percentage) shares disposed 0.00% 53,33313 Price per share or value of 14 Date and place of transaction transaction 25 March 2008, London 425.62p15 Total holding following notification 16 Date issuer informed of transaction and total percentage holding following notification (any treasury 26 March 2008 shares should not be taken into account when calculating percentage) 10,000 - 0.00% 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/A19 Total amount paid (if any) for grant 20 Description of shares or debentures involved of the option (class and number) n/a N/A21 Exercise price (if fixed at time of 22 Total number of shares or debentures over grant) or indication that the price which options are held following is to be fixed at the time of notification exercise N/A N/A23 Any additional information 24 Name of contact and telephone number for queries Alex Ridout + 971 4 305 3651 Name and signature of duly designated officer of issuer responsible for making notification __________Alex Ridout___________________ Date of notification _________9 April 2008__________________________ This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange

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