Petrofac Regulatory News (PFC)

7 Oct 2005 08:17

Petrofac Limited07 October 2005 This document may not be distributed in or into the United States, Australia,Canada or Japan or to a resident, national, or citizen of the United States,Australia, Canada or Japan. Petrofac Limited ("Petrofac") Admission to Official List Petrofac, the international oil and gas facilities provider, is pleased toannounce its ordinary shares have been admitted to the Official List of the UKListing Authority and to trading on the London Stock Exchange. Unconditionaldealings in Petrofac's ordinary shares commenced at 8.00am this morning underthe ticker symbol PFC. Credit Suisse First Boston acted as Sponsor and global co-ordinator in relationto the Offer. Credit Suisse First Boston and Lehman Brothers acted as jointbookrunners and joint lead managers and JPMorgan Cazenove and Shuaa Capitalacted as co-lead managers. The interests of Directors and Persons Discharging Managerial Responsibility inthe ordinary shares of Petrofac at Admission are as follows: Name Number of ordinary shares Percentage of issued shares Directors Rodney Chase (1) 1,000,000 0.3Michael Press (1) 240,000 0.1Kjell Almskog (1) 400,000 0.1Bernard de Combret (1) 600,000 0.2Ayman Asfari 69,282,114 20.1Keith Roberts (1) 3,120,000 0.9Maroun Semaan 34,068,799 9.9 Senior Managers Divisional ChiefExecutivesAmjad Bseisu nil n/aRobin Pinchbeck (1) 1,920,000 0.6 Other Senior ManagersJim Atack (1) 984,000 0.3Steve Bullock (1) 360,000 0.1Marwan Chedid (1) 1,992,336 0.6Rory Edwards (1) 720,000 0.2Richard Hall (1) 720,000 0.2Leigh Howarth (1) 516,000 0.1Rob Jewkes (1) 1,000,000 0.3Felix Lobo (1) 76,560 0.0Kevin Martin (1) 335,000 0.1Richard Milne (1) 720,000 0.2Derek Moorfield (1) 180,000 0.1Vivek Prakash (1) 240,000 0.1Sandy Reid (1) 720,000 0.2Murray Strachan 1,080,000 0.3Rajesh Verma (1) 2,136,336 0.6Peter Warner (1) 639,072 0.2 Note:(1) Interest in ordinary shares held (in whole or in part) through the PetrofacExecutive Share Scheme. For further information contact: Bell Pottinger Corporate & Financial Geoff Callow 020 7861 3232 This announcement does not constitute or form part of any offer or invitation tosell, or any solicitation of any offer to purchase, any securities, and anypurchase of securities of Petrofac pursuant to the Offer should only be made onthe basis of the information contained in the formal prospectus issuedconnection with the Offer ("the Prospectus") and any supplement or amendmentthereto. The Prospectus contains detailed information about Petrofac and itsmanagement, as well as financial statements and other financial data. TheProspectus can be viewed on the website of the Regulatory News Service operatedby the London Stock Exchange and is available from the offices of Credit SuisseFirst Boston at 1 Cabot Square, London E14 4QJ and Lehman Brothers at 25 BankStreet, London E14 5LE. The price and value of securities may go down as well as up. Past performance isnot a guide to future performance. Persons needing advice should contact aprofessional adviser. Neither this announcement nor any copy of it may be taken or transmitted intothe United States, Australia, Canada or Japan or to a resident, national orcitizen of Australia, Canada or Japan. The distribution of this announcement incertain jurisdictions may be restricted by law and persons into whose possessionany document or other information referred to herein comes should informthemselves about and observe any such restriction. Any failure to comply withthese restrictions may constitute a violation of the securities laws of any suchjurisdiction. The ordinary shares of Petrofac ("the Shares") have not been and will not beregistered under the US Securities Act of 1933 (as amended) ("the SecuritiesAct") and, subject to certain exceptions, may not be offered or sold within theUnited States. The Shares are being offered and sold outside of the UnitedStates in reliance on Regulation S of the Securities Act. In addition, until 40days after the commencement of the offering of the Shares, an offer or sale ofthe Shares within the United States by any dealer (whether or not participatingin the Offer) may violate the registration requirements of the Securities Act. This announcement is not for distribution, directly or indirectly, in or intothe United States. It is not an offer of securities for sale into the UnitedStates. The Shares may not be offered or sold in the United States or to USpersons, unless they are registered or exempt from registration. There will beno public offer of securities in the United States. Shares in Petrofac have not been and will not be registered under the applicablesecurities laws of Australia, Canada or Japan and may not be offered or soldwithin Australia, Canada or Japan or to, or for the account or benefit ofcitizens or residents of Australia, Canada or Japan. This information is provided by RNS The company news service from the London Stock Exchange