Petrofac Limited: Director/PDMR shareholding

Petrofac Limited ( PFC) Petrofac Limited: Director/PDMR shareholding 04-May-2023 / 12:12 GMT/BST 4 May 2023        Petrofac Limited (the ‘Company’) Notification of Transactions by Persons Discharging Managerial Responsibilities Pursuant to the Company’s obligations under Market Abuse Regulation 19, the Company hereby makes the following notifications in respect of its Executive Directors and their awards of ordinary shares of US$0.02 each in the Company (the ‘Shares’) under the Petrofac Performance Share Plan (‘PSP’) and the Deferred Bonus Plan (‘DBP’), which took place on 3 May 2023. PSP PSP awards are made by the Company to senior executives and 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. Details of the awards under the PSP which took place on 3 May 2023 for each Executive Director, including the position before and after awards were made, are outlined below:      Total number of Shares held under the PSP prior to 3 May 2023 Number of Shares awarded under the PSP on 3 May 2023 Total number of Shares held under the PSP after 3 May 2023  Tareq Kawash 0 2,894,924 2,894,924  Afonso Reis e Sousa 1,011,244 1,200,857 2,212,101 DBP In line with the Company’s remuneration arrangements, any bonus awarded will be paid to Executive Directors half in cash and half in deferred shares under the DBP.  Awards will generally vest in equal tranches over one, two and three years from the date of grant, provided a participant does not leave the Company’s employment. Awards are made at nil cost to participants. Mr Kawash was granted an ad hoc award under the DBP in line with his joining arrangements. These shares are not subject to performance conditions and will vest, subject inter alia, to continued employment, over the next two years. Details of the awards under the DBP which took place on 3 May 2023 for each Executive Director, including the position before and after awards were made, are outlined below:      Total number of Shares held under the DBP prior to 3 May 2023 Number of Shares awarded under the DBP on 3 May 2023 Total number of Shares held under the DBP after 3 May 2023  Tareq Kawash 0 714,796 714,796 Afonso Reis e Sousa 40,793 142,959 183,752 The Company's issued share capital consists of 522,049,521 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: Petrofac Limited [phone] James Boothroyd, Head of Investor Relations [e-mail] Sophie Reid, Group Head of Communications [e-mail] Teneo Group [phone] [e-mail] Martin Robinson Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

ISIN:	GB00B0H2K534
Category Code:	DSH
TIDM:	PFC
LEI Code:	2138004624W8CKCSJ177
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	241510
EQS News ID:	1624839

End of Announcement	EQS News Service