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PETROFAC LD Director's Dealing 2019

Apr 2, 2019

5194_dirs_2019-04-02_448c97d5-2a9d-46ca-ac3b-fc4aae9a48df.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 8870U

Petrofac Limited

02 April 2019

2 April 2019

Petrofac Limited (the "Company")

Notification of Transaction by

Persons Discharging Managerial Responsibilities (PDMRs)

Pursuant to the Company's obligations under Market Abuse Regulation 19, the Company hereby makes the following notification in respect of its Directors:

Alastair Cochran

Alastair Cochran, Chief Financial Officer, has purchased 23,242 ordinary shares ("Shares") of US$0.02 each in the Company at 493.6 pence per Share. This purchase is in line with the Company's remuneration policy, approved by Shareholders in May 2017.  Following this transaction, Mr Cochran now has a disclosable interest in 64,178 Shares, representing 0.0186 per cent of the total voting rights of the Company.  

Non-executive Directors

The following Directors have purchased Shares in the Company at 500.8 pence per Share, in line with the Company's remuneration arrangements, as published in the 2018 Annual Report and Accounts:

Name of Director Position Number of Shares purchased on                2 April 2019 Total cumulative disclosable interest held (Shares)
René Médori Non-executive Chairman 3,993 13,898
Andrea Abt Non-executive Director 998 4,537
Sara Akbar Non-executive Director 998 4,537
Matthias Bichsel Non-executive Director 998 4,537
David Davies Non-executive Director 998 18,769
George Pierson Non-executive Director 998 4,537

The Company's issued share capital consists of 345,912,747 Shares with voting rights. Each Share carries the right to one vote. The Company does not hold any shares in Treasury.

For further information contact:

Alison Flynn, Group Head of Communications

[email protected] 

+44 (0) 207 811 4913

Jonathan Low, Head of Investor Relations

[email protected] 

+44 (0) 207 811 4930

Tulchan Communications Group Ltd                                  

Martin Robinson

Tel: +44 (0) 20 7353 4200

[email protected]

LEI 2138004624W8CKCSJ177

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 [email protected] or visit www.rns.com.

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