Sign In
12 Mar 2014 12:00
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Premier Oil plc ("the Company")
Premier Oil plc Asset and Equity Plan ("AEP")Release of deferred shares awarded in 2008
The Company's Employee Benefit Trust has today satisfied the release of Deferred Share Awards detailed below, to the Persons Discharging Managerial Responsibility named below, pursuant to the maturity of awards under the terms of the Company's Asset and Equity Plan (the "Plan"). Sufficient shares were withheld to cover the income tax and National Insurance contributions falling due on release of the shares resulting in the net share transfers shown below. The associated Matching Share Awards have lapsed as the performance conditions have not been met. The share price used to determine the income tax and National Insurance liabilities due was the closing mid market quotation for shares in the Company on 27 February 2014, £3.031 pence per share.
Director | Gross number of Deferred Shares scheduled for release under the AEP |
Number of shares withheld to cover income tax and National Insurance contributions due on release of shares |
Net number of Deferred Shares transferred to Director |
Simon Lockett | 106,344 | (49,982) | 56,362 |
Robin Allan | 73,340 | (34,470) | 38,870 |
Anthony Durrant | 78,228 | (36,768) | 41,460 |
Neil Hawkings | 73,340 | (34,470) | 38,870 |
Andrew Lodge | 46,516 | (21,863) | 24,653 |
Date Company notified: 12 March 2014
Date of notification: 12 March 2014
Rachel Benjamin
Premier Oil plc
+44 (0)20 7730 1111
Copies of Premier's announcements are available on the corporate website: www.premier-oil.com.
PMO.L (PMO)
Follow the stocks
