27th Jul 2005 17:28
Dragon Oil PLC27 July 2005 SCHEDULE 11 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons 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). In respect of (iii)3 Name of person discharging 4 State whether notification realties to a person managerial responsibilities/director connected with a person discharging managerial responsibilities/director named in 3 and Ian Philiskirk identify the connected person Company Secretary5 Indicate whether the notification is 6 Description of shares (including class) in respect of a holding of the debentures or derivatives or financial person referred to in 3 or 4 above instruments relating to shares or in respect of a non-beneficial interest Ordinary Shares of €0.10 each In respect of Ian Philiskirk7 Name or registered shareholder(s) 8 State the nature of the transaction and, if more than one, member of shares held by each of them Exercise of executive share options and subsequent partial disposal Davy Nominees9 Number of shares, debentures or 10 Percentage of issued class acquired (treasury financial instruments relating to shares of that class should not be taken into shares acquired account when calculating percentage) 235,000 De minimus11 Number of shares, debentures or 12 Percentage of issued class disposed (treasury financial instruments relating to shares of that class should not be taken into shares disposed account when calculating percentage) 170,000 De minimus13 Price per share or value of 14 Date and place of transaction transaction 26 July 2005, London £1.12515 Total holding following notification 16 Date issuer informed of transaction and total percentage holding following notification (any treasury 27 July 2005 shares should not be taken into account when calculating percentage) 75,714 If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes: 17 Date of grant 18 Period during which or date on which it can be exercised / /19 Total amount paid (if any) for grant of the option 20 Description of shares or debentures involved (class and number) / /21 Exercise price (if fixed at time of grant) or indication that 22 Total number of shares or debentures over which the price is to be fixed at the time of exercise options are held following notification / /23 Any additional information 24 Name of contact and telephone number for queries / Ian Philiskirk Name and signature of authorised officer of issuer responsible for making notification _______Ian Philiskirk____________________________________ Date of notification ____27th July 2005_______________________________ Notes: This form is intended for use by an issuer to make a RISnotification required by (the Market Abuse Rules(1) 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. This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange. -------------------------- (1) Please note that the requirement to make a notification under the MarketAbuse Rules does not apply until 1 October 2005. Schedule 11 may be subject toamendment prior to 1 October 2005 to bring it in line with the FinancialRegulator's 'Notification of Transactions of Directors/Persons DischargingManagerial Responsibility and Connected Persons' under the Market AbuseDisclosure Rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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