Premier Oil PLC Director/PDMR Shareholding (6931T)

TIDMPMO

RNS Number : 6931T

Premier Oil PLC

26 March 2021

Premier Oil plc

(the 'Company' or 'Premier')

Grant of Awards under the Company's 2017 Long Term Incentive Plan ("2017 LTIP")

Grant of Deferred Bonus Awards

In accordance with the Company's Remuneration Policy, on 25 March 2021, a Deferred Bonus Award was granted to Richard Rose in respect of 50% of the 2020 Annual Bonus awarded to him. The Deferred Bonus Award has been granted in the form of contingent share awards over ordinary shares in the Company and will normally vest three years from date of grant.

Daniel Rose

Premier Oil plc

+44 (0)20 7730 1111

The information set out below is provided in accordance with the requirements of Article 19(3) of MAR.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                        Richard Rose 
     ----------------------------------------------------------  ----------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                             Interim Chief Executive Officer and 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                                   Grant of Deferred Bonus Awards. 
     ----------------------------------------------------------  ----------------------------------------------------- 
 c)   Price(s) and volume(s)                                                  Price(s)    Volume(s) 
                                                                               GBP0.00        86,534 
                                                                                          ---------- 
     ----------------------------------------------------------  ----------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume                 86,534 
        -   Price                                                   GBP0.00 
           ------------------ 
     ----------------------------------------------------------  ----------------------------------------------------- 
 e)   Date of the transaction                                     2021-03-25 
     ----------------------------------------------------------  ----------------------------------------------------- 
 f)   Place of the transaction                                    Outside a trading venue 
     ----------------------------------------------------------  -----------------------------------------------------

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