DJ Petrofac Limited: Director/PDMR shareholding
Petrofac Limited ( PFC)
Petrofac Limited: Director/PDMR shareholding
18-March-2025 / 11:31 GMT/BST
=----------------------------------------------------------------------------------------------------------------------
18 March 2025
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 notifies that Tareq Kawash,
Group Chief Executive, became entitled on 17 March 2025 to 357,398 ordinary Shares of USUSD0.02 each in the Company at
nil cost, following the automatic vesting of approximately one half of the Shares awarded to him under the Petrofac
Deferred Bonus Plan on 3 May 2023.
Mr Kawash now holds 378,270 Shares representing 0.071 per cent of the total voting rights of the Company. A total of
168,281 Shares were sold on 17 March 2025 at 6.5875 pence per Share to satisfy the arising tax liability.
The Company's issued share capital consists of 528,874,000 Shares with voting rights. Each Share carries the right to
one vote. The Company does not hold any Shares in Treasury.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons
closely associated with them
1 Details of the person discharging managerial responsibilities / person closely associated
Name
a) Tareq Kawash
2 Reason for the notification
Position/status
a)
Group Chief Executive
Initial notification /Amendment
b)
Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
Name
a)
Petrofac Limited
LEI
b)
2138004624W8CKCSJ177
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
4 transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type Ordinary Shares of USUSD0.02
of instrument
a)
Identification code GB00B0H2K534
Nature of the transaction
b) Vesting of award of shares under the Petrofac Deferred
Bonus Plan 2021 - Nil Cost Awards & sale of sufficient
shares to account for tax liability
Price(s) and volume(s)
c) Price per share (GBP) Volume(s)
GBP0.065875 357,398
Aggregated information
d) - Aggregated volume 357,398
- Price GBP0.065875
Date of the transaction
e)
2025-03-17
Place of the transaction
f)
London Stock Exchange
For further information contact:
Petrofac Limited
+44 (0) 207 811 4900
David Boyd, Investor Relations Consultant
david.boyd@petrofac.com
Sophie Reid, Group Director of Communications
Sophie.reid@petrofac.com
Teneo (for Petrofac)
+44 (0) 207 353 4200
petrofac@teneo.com
----------------------------------------------------------------------------------------------------------------------- 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.: 379435 EQS News ID: 2102376 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2102376&application_name=news&site_id=dow_jones%7e%7e%7ef1066a31-ca00-4e1a-b0a4-374bd7d0face
(END) Dow Jones Newswires
March 18, 2025 07:32 ET (11:32 GMT)
