TIDMPFC

RNS Number : 0520J

Petrofac Limited

07 April 2020

7 April 2020

Petrofac Limited (the "Company")

Notification of Transaction by

Persons Discharging Managerial Responsibilities

Pursuant to the Company's obligations under Market Abuse Regulation 19, the Company hereby notifies that, Alastair Cochran, Chief Financial Officer, has today purchased 37,749 ordinary shares ("Shares") of US$0.02 each in the Company at 213.1732 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 132,267 Shares, representing 0.0382 per cent of the total voting rights of the Company.

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

alison.flynn@petrofac.com

+44 (0) 207 811 4913

Jonathan Yarr, Head of Investor Relations

jonathan.yarr@petrofac.com

+44 (0) 207 811 4931

Tulchan Communications Group Ltd

Martin Robinson

Tel: +44 (0) 20 7353 4200

petrofac@tulchangroup.com

LEI 2138004624W8CKCSJ177

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END

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(END) Dow Jones Newswires

April 07, 2020 05:32 ET (09:32 GMT)

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