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Petrofac Limited (PFC)

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Friday 24 April, 2009

Petrofac Limited

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 3.1.4Petrofac 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


This information is provided by RNS
The company news service from the London Stock Exchange
 
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