TIDMPMO

RNS Number : 0689B

Premier Oil PLC

04 June 2019

Premier Oil plc

("Premier", the "Company")

Exercise of SAYE Options

Premier announces that the Directors named below have exercised their options to purchase Ordinary Shares in the Company under the Premier all-employee Save As You Earn Scheme.

 
 Director       Number of Shares   Grant Date    Exercise    Date of Transaction 
                    acquired                     Price Per 
                                                   Share 
 Robin Allan         42,857        4 May 2016    GBP0.42         3 June 2019 
               -----------------  -----------  -----------  -------------------- 
 Tony Durrant        42,857        4 May 2016    GBP0.42         3 June 2019 
               -----------------  -----------  -----------  -------------------- 
 Richard Rose        42,857        4 May 2016    GBP0.42         3 June 2019 
               -----------------  -----------  -----------  -------------------- 
 

Enquiries:

Philip Ryan

Premier Oil plc

+44(0)20 78241150

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 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          Ordinary shares of 12.5 pence each 
      instrument 
      Identification code                                        GB00B43G0577 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Acquisition of Shares through the Company's Save As 
                                                                you Earn Scheme. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                   GBP0.42     42,857 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume               42,857 
        -   Price                                                 GBP0.42 
           ------------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2019-06-03 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 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          Ordinary shares of 12.5 pence each 
      instrument 
      Identification code 
                                                                 GB00B43G0577 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Acquisition of Shares through the Company's Save As 
                                                                you Earn Scheme. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                   GBP0.42     42,857 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume               42,857 
        -   Price                                                 GBP0.42 
           ------------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2019-06-03 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 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          Ordinary shares of 12.5 pence each 
      instrument 
      Identification code 
                                                                 GB00B43G0577 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Acquisition of Shares through the Company's Save As 
                                                                you Earn Scheme. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                   GBP0.42     42,857 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume               42,857 
        -   Price                                                 GBP0.42 
           ------------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2019-06-03 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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