Director/PDMR Shareholding

RNS Number : 1708R

Petrofac Limited

24 April 2009

 



24 April 2009

Notification of Interests of 

Persons Discharging Managerial Responsibility (PDMRs)

Pursuant to the Company's obligations under Disclosure and Transparency Rule 3.1.4, Petrofac Limited (the "Company") hereby notifies the following vestings under the Petrofac Performance Share Plan ("PSP") on 24 April 2009.

	Number of	Number of	Number of	Total
	ordinary	ordinary	vested	number
	shares	shares	ordinary	of shares
	held under	vested	shares	held under
	the PSP	under the	sold on	the PSP
	before 24	PSP on 24	24 April	after 24
	April 2009	April 2009	2009	April 2009
Director
Ayman Asfari	381,084	72,894	72,894	308,190
Maroun Semaan	200,866	38,877	nil	161,989
Amjad Bseisu	192,542	46,167	46,167	146,375
Keith Roberts	200,190	48,596	48,596	151,594
PDMR
Marwan Chedid	94,037	29,990	nil	64,047
Leigh Howarth	34,648	16,198	16,198	18,450
Robert Jewkes	103,537	40,092	40,092	63,445
Richard Milne	110,728	21,058	21,058	89,670
Robin Pinchbeck	139,518	34,711	34,711	104,807
SS Sarma	51,103	12,218	nil	38,885
Rajesh Verma	84,144	29,990	nil	54,154

Shares awarded under the PSP generally vest on the third anniversary of the date of grant provided a participant does not leave the Company's employment and to the extent that performance conditions have been satisfied.  Awards are made at nil cost to participants.     

Ayman Asfari, Amjad Bseisu, Keith Roberts, Leigh Howarth, Robert Jewkes, Richard Milne and Robin Pinchbeck each sold all of their vesting shares on 24 April 2009 at an average price of 588.1p.  

If participants and their connected persons hold shares outside the PSP (or any other Company share incentive scheme), separate announcements are made under the Disclosure and Transparency Rules as required.

The Company's issued share capital consists of 345,434,858 shares with voting rights. The Company does not hold any shares in Treasury.

Contact for enquiries:

Petrofac Limited

Mary Hitchon         020 7811 4900

 

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