Harbour Energy PLC — Director's Dealing 2015

Mar 9, 2015

National Storage Mechanism | Additional information

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RNS Number : 9280G

Premier Oil PLC

09 March 2015

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Premier Oil plc ("the Company")

Premier Oil plc Long Term Incentive Plan ("LTIP")

Release of deferred shares

The Company's Employee Benefit Trust satisfied the release of Deferred Share Awards detailed below on Friday 6 March 2015, to the Persons Discharging Managerial Responsibility named below, pursuant to the maturity of awards under the terms of the Company's Long Term Incentive Plan (the "Plan"). The Deferred Share Awards were granted in 2012 in relation to the 2009-2011 cycle of the LTIP. 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 26 February 2015, £1.673 pence per share.

Director	Gross number of Deferred Shares scheduled for release under the LTIP	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
Robin Allan	158,987	(71,545)	87,442
Tony Durrant	162,913	(76,570)	86,343
Neil Hawkings	158,987	(74,724)	84,263
Andrew Lodge	154,081	(72,419)	81,662

Date of release: 6 March 2015

Date Company notified: 9 March 2015

Date of notification: 9 March 2015

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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