8 Apr 2016 17:23
Ophir Energy PLC
("Ophir" or the "Company")
Notification of Transactions of Directors/PDMRs
London, 8 April 2016: The Company has been notified of the exercise of an award on 8 April 2016 granted under the 2011 Long-Term Incentive Plan ("Award") to Dr Nick Cooper on 13 April 2012 in respect of 354,530 ordinary shares in the Company at a cost of 0.25 pence per share. In accordance with its terms, the Award has been part-settled in shares and part-settled in cash resulting in the issue of 187,900 shares to Dr Cooper.
As a result of the above, Nick Cooper's shareholding in the Company has increased as follows:
Name | Prior Holdings in the Company | Holdings in the Company after the Purchase | % of Total Voting Rights |
Nick Cooper | 1,336,531 | 1,524,431 | 0.216 |
This notification is made on 8 April 2015 in accordance with the requirements of D.T.R. 3.1.4.
For Further Information please contact:
Ophir Energy plc +44 (0)20 7811 2400
Philip Laing, General Counsel & Company Secretary
Notes to Editors
Ophir Energy (OPHR.LN) is an, upstream oil and gas exploration company which is a member of the FTSE 250. The Group's headquarters are located in London (England). Ophir has a large portfolio of assets across Africa and Asia.
For further information on Ophir, please refer to www.ophir-energy.com