7 October 2019
Petrofac Limited (the "Company")
Notification of Transaction by
Persons Discharging Managerial Responsibilities (PDMRs)
Pursuant to the Company's obligation under the Market Abuse Regulation 19, the Company hereby notifies that Alastair Cochran, Chief Financial Officer, became entitled on 7 October 2019 to 16,904 ordinary Shares of US$0.02 each in the Company at nil cost, following the automatic vesting of approximately one third of the Shares awarded to him under the Petrofac Restricted Share Plan on 6 October 2016.
Mr Cochran now holds 76,154 Shares representing 0.022 per cent of the total voting rights of the Company. He sold 7,957 Shares today at 382.90 pence per Share on the London Stock Exchange to satisfy his tax liability.
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
+44 (0) 207 811 4913
Jonathan Low, Head of Investor Relations
+44 (0) 207 811 4930
Tulchan Communications Group Ltd
Tel: +44 (0) 20 7353 4200
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Quick facts: Petrofac Limited
Market Cap: £1.38 billion
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