PFC Petrofac Limited

TIDMPFC

RNS Number : 0364U

Petrofac Limited

26 March 2019

26 March 2019

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 Ayman Asfari, the Company's Group Chief Executive has purchased 105,750 ordinary shares ("Shares") of US$0.02 each in the Company at 469.54 pence per Share.

This purchase was made in accordance with the Company's 2018 Directors' Remuneration Report disclosure, whereby Mr Asfari has elected to receive the after-tax proceeds of his cash bonus in Shares, in order to demonstrate his confidence in the future of the Company.

Following this transaction, Mr Asfari now has a disclosable beneficial interest in 65,087,976 Shares, representing 18.82 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

Jon Low, Head of Investor Relations

Jonathan.Low@petrofac.com

+44 (0) 207 811 4930

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

March 26, 2019 06:41 ET (10:41 GMT)

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