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Share Suspension

13 Jan 2016 07:31

RNS Number : 6949L

Premier Oil PLC

13 January 2016

PREMIER OIL PLC

("Premier")

Statement Regarding Suspension of Shares

13 January 2016

At the request of the Company, Premier's ordinary shares have been suspended from trading on the London Stock Exchange with effect from 7.30am this morning pending an announcement of a potential acquisition of assets by Premier which may be classified as a reverse takeover under the FCA Listing Rules. Therefore, the Company has requested the temporary suspension of trading in its ordinary shares whilst clarification is sought from the UKLA.

A further update will be provided shortly.

Enquiries:

Premier Oil plc

Tony Durrant, Chief Executive Officer

Richard Rose, Finance Director

Tel: 020 7730 1111

Bell Pottinger

Gavin Davis

Henry Lerwill

Tel: 0203 772 2570

This information is provided by RNS

The company news service from the London Stock Exchange

END

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