Pursuant to the Company’s obligations under Market Abuse Regulation 19, the Company hereby notifies that Tareq Kawash, Group Chief Executive, became entitled on 17 March 2025 to 357,398 ordinary Shares of US$0.02 each in the Company at nil cost, following the automatic vesting of approximately one half of the Shares awarded to him under the Petrofac Deferred Bonus Plan on 3 May 2023.
Mr Kawash now holds 378,270 Shares representing 0.071 per cent of the total voting rights of the Company. A total of 168,281 Shares were sold on 17 March 2025 at 6.5875 pence per Share to satisfy the arising tax liability.
The Company's issued share capital consists of 528,874,000 Shares with voting rights. Each Share carries the right to one vote. The Company does not hold any Shares in Treasury.
