Petrofac Limited: Director/PDMR Shareholding

26 April 2021        

Petrofac Limited (the 'Company')

Notification of Transactions by

Persons Discharging Managerial Responsibilities

Pursuant to the Company's obligations under Market Abuse Regulation 19, the Company hereby makes the following notifications in respect of its Executive Directors:

Performance Share Plan (PSP)

PSP awards are made by the Company to senior executives and generally vest on the third anniversary of the date of grant, provided a participant does not leave the Company's employment and to the extent that performance conditions have been satisfied. Awards are made at nil cost to participants.

Details of the awards under the PSP which took place on 23 April 2021 for each Executive Director, including the position before and after awards were made, are outlined below:

The Company's issued share capital consists of 345,912,747 Shares with voting rights. Each Share carries the right to one vote. The Company does not hold any Shares in Treasury.

For further information contact:

Alison Flynn, Group Head of Communications

[email protected]

+44 (0) 207 811 4913

Jonathan Yarr, Head of Investor Relations

[email protected]

+44 (0) 207 811 4931

Tulchan Communications Group Ltd                                  

Martin Robinson

Tel: +44 (0) 20 7353 4200

[email protected]