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Director/PDMR Shareholding

24 Apr 2009 17:42

RNS Number : 1708R
Petrofac Limited
24 April 2009
Β 

ο»Ώ

24Β AprilΒ 2009

Notification of Interests ofΒ 

Persons Discharging Managerial Responsibility (PDMRs)

Pursuant to the Company's obligations underΒ Disclosure and Transparency RuleΒ 3.1.4,Β Petrofac Limited (the "Company")Β herebyΒ notifiesΒ the followingΒ vestingsΒ under theΒ Petrofac Performance Share Plan ("PSP") on 24 April 2009.

Number of

Number of

Number of

TotalΒ 

ordinaryΒ 

ordinary

vested

numberΒ 

shares

shares

ordinary

of sharesΒ 

held under

vested

shares

held under

Β the PSP

under the

sold on

the PSP

before 24

PSP on 24

24 April

after 24Β 

Β April 2009

April 2009

2009

April 2009Β 

Director

Ayman Asfari

381,084

72,894

72,894

308,190

Maroun Semaan

200,866

38,877

nil

161,989

Amjad Bseisu

192,542

46,167

46,167

146,375

Keith Roberts

200,190

48,596

48,596

151,594

PDMR

Marwan Chedid

94,037

29,990

nil

64,047

Leigh Howarth

34,648

16,198

16,198

18,450

Robert Jewkes

103,537

40,092

40,092

63,445

Richard Milne

110,728

21,058

21,058

89,670

Robin Pinchbeck

139,518

34,711

34,711

104,807

SS SarmaΒ 

51,103

12,218

nil

38,885

Rajesh Verma

84,144

29,990

nil

54,154

Β 

Shares awarded under the PSP 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. AwardsΒ areΒ made at nil cost to participants.

Ayman Asfari, Amjad Bseisu, Keith Roberts, Leigh Howarth, Robert Jewkes, Richard Milne and Robin PinchbeckΒ each soldΒ allΒ of their vesting shares onΒ 24 AprilΒ 2009 at an average priceΒ ofΒ 588.1p.

If participants and their connected persons hold shares outside theΒ PSPΒ (or any other Company share incentive scheme), separate announcements are made under the Disclosure and TransparencyΒ Rules as required.

The Company's issued share capital consists of 345,434,858 shares with voting rights. The Company does not hold any shares in Treasury.

Contact for enquiries:

Petrofac Limited

Mary HitchonΒ  020 7811 4900

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
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