TIDMOPHR

RNS Number : 0554I

Ophir Energy Plc

16 March 2018

16 March 2018

Ophir Energy PLC

("Ophir" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS

The Company has been notified of the exercise of an award on 16 March 2018 granted under the 2011 Long-Term Incentive Plan ("Award") to Dr Nick Cooper, the Chief Executive Officer of the Company, on 19 June 2012, in respect of 46,253 ordinary shares in the Company at a cost of 0.25 pence per share.

In accordance with the terms of the Award, Dr Cooper has sold to cover the tax liability of the shares but has retained the balance.

Additionally, Dr Cooper has acquired 800 ordinary shares in the Company for nil consideration from Alison Nightingale, Dr Cooper's spouse, who is a connected person. Following the transfer, the total beneficial interest of Dr Cooper and his connected persons in the issued share capital of the Company remains unchanged.

As a result of the above, Dr Cooper's shareholding in the Company has increased as follows:

 
       Name                 Prior Holdings          Holdings in                 % of Total 
                             in the Company          the Company                 Voting Rights 
                                                     after the Purchase 
-------------------  ----------------------  --------------------------  --------------------- 
       Nick Cooper          1,524,4311.             1,548,768                   0.222. 
-------------------  ----------------------  --------------------------  ---------------------

1. Includes shares held by spouse.

2. As at 15 March 2016, the total number of voting rights in the Company was 706,308,584.

The information contained within this announcement is made in accordance with the requirements of D.T.R. 3.1.4.

For Further Information please contact:

Ophir Energy plc +44 (0)20 7811 2400

Philip Laing, General Counsel & Company Secretary

About Ophir:

Ophir Energy is an independent upstream oil and gas exploration and production company focused on Africa and Asia. It is listed on the London Stock Exchange (LEI: 213800LAZOZTKPAV2583).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 16, 2018 13:28 ET (17:28 GMT)

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