PMO.L Regulatory News (PMO)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Tony Durrant

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Premier Oil plc

b)

LEI

213800YPC42DYBKVPF97

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5 pence each

GB00B43G0577

b)

Nature of the transaction

(i) Acquisition of Ordinary Shares pursuant to the vesting of deferred shares under the terms of the Company's 2009 Long Term Incentive Plan;

(ii) Withholding of Ordinary Shares to cover income tax and National Insurance liabilities;

(iii) Transfer of the balance of Ordinary Shares to spouse.

c)

Price(s) and volume(s)

1 Closing middle market quotation of the Company's Ordinary Shares (as derived from the London Stock Exchange Daily Official List) on dealing day immediately preceding the vesting date of 23 March 2017.

2 This figure is the net number of Ordinary Shares released following the withholding of Shares to cover income tax and National Insurance contributions due on vesting. 

d)

Aggregated information

33,851

Nil

e)

Date of the transaction

2017-03-23

f)

Place of the transaction

Not applicable

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Jan Newton Durrant

2

Reason for the notification

a)

Position/status

Person closely associated with Tony Durrant, Chief Executive Officer ("PDMR")

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Premier Oil plc

b)

LEI

213800YPC42DYBKVPF97

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5 pence each

GB00B43G0577

b)

Nature of the transaction

Acquisition of Ordinary Shares for nil consideration from spouse

c)

Price(s) and volume(s)

d)

Aggregated information

33,851

Nil

e)

Date of the transaction

2017-03-23

f)

Place of the transaction

Not applicable

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Robin Allan

2

Reason for the notification

a)

Position/status

Director, North Sea and Exploration

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Premier Oil plc

b)

LEI

213800YPC42DYBKVPF97

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5 pence each

GB00B43G0577

b)

Nature of the transaction

(i) Acquisition of Ordinary Shares pursuant to the vesting of deferred shares under the terms of the Company's 2009 Long Term Incentive Plan;

(ii) Withholding of Ordinary Shares to cover income tax and National Insurance liabilities;

(iii) Transfer of the balance of Ordinary Shares to the PDMR.

c)

Price(s) and volume(s)

1 Closing middle market quotation of the Company's Ordinary Shares (as derived from the London Stock Exchange Daily Official List) on dealing day immediately preceding the vesting date of 23 March 2017.

2 This figure is the net number of Shares released following the withholding of Ordinary Shares to cover income tax and National Insurance contributions due on vesting. 

d)

Aggregated information

 32,201

Nil

e)

Date of the transaction

2017-03-23

f)

Place of the transaction

Not applicable

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Richard Rose

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Premier Oil plc

b)

LEI

213800YPC42DYBKVPF97

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5 pence each

GB00B43G0577

b)

Nature of the transaction

(i) Acquisition of Ordinary Shares pursuant to the vesting of a conditional share award granted in September 2014;

(ii) Withholding of Ordinary Shares to cover income tax and National Insurance liabilities;

(iii) Transfer of the balance of Ordinary Shares to the PDMR.

c)

Price(s) and volume(s)

1 Closing middle market quotation of the Company's Ordinary Shares (as derived from the London Stock Exchange Daily Official List) on dealing day immediately preceding the vesting date of 23 March 2017

2 This figure is the net number of Ordinary Shares released following the withholding of Shares to cover tax and National Insurance contributions due on vesting. 

d)

Aggregated information

13,851

Nil

e)

Date of the transaction

2017-03-23

f)

Place of the transaction

Not applicable