2 April 2019
Petrofac Limited (the "Company")
Notification of Transaction by
Persons Discharging Managerial Responsibilities (PDMRs)
Pursuant to the Company's obligations under Market Abuse Regulation 19, the Company hereby makes the following notification in respect of its Directors:
Alastair Cochran
Alastair Cochran, Chief Financial Officer, has purchased 23,242 ordinary shares ("Shares") of US$0.02 each in the Company at 493.6 pence per Share. This purchase is in line with the Company's remuneration policy, approved by Shareholders in May 2017. Following this transaction, Mr Cochran now has a disclosable interest in 64,178 Shares, representing 0.0186 per cent of the total voting rights of the Company.
Non-executive Directors
The following Directors have purchased Shares in the Company at 500.8 pence per Share, in line with the Company's remuneration arrangements, as published in the 2018 Annual Report and Accounts:
| Name of Director | Position | Number of Shares purchased on 2 April 2019 | Total cumulative disclosable interest held (Shares) |
| René Médori | Non-executive Chairman | 3,993 | 13,898 |
| Andrea Abt | Non-executive Director | 998 | 4,537 |
| Sara Akbar | Non-executive Director | 998 | 4,537 |
| Matthias Bichsel | Non-executive Director | 998 | 4,537 |
| David Davies | Non-executive Director | 998 | 18,769 |
| George Pierson | Non-executive Director | 998 | 4,537 |
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
Martin Robinson
Tel: +44 (0) 20 7353 4200
LEI 2138004624W8CKCSJ177