Director/PDMR Shareholding
19 March 2014
Salamander Energy PLC
(the "Company")
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility ("PDMR")
In accordance with DTR 3.1.4(1), the Company announces that, on 18 March 2014, the Company received notification that, on 17 March 2014, the following Directors/PDMRs, were granted awards under the terms of the Salamander Energy Performance Share Plan. The awards were granted in the form of nominal cost options ("Options") over ordinary shares in Salamander Energy PLC ("Ordinary Shares"). Vesting of the Options is subject to performance conditions measured over a three year performance period. Subject to vesting, the Options are exercisable during the period 17 March 2017 to 16 March 2018 with an option price payable upon exercise of 10 pence per Ordinary Share.
| Directors | Number of Ordinary Shares over which option granted |
| James Menzies – Chief Executive Officer Michael Buck – Chief Operating Officer Jonathan Copus – Chief Financial Officer |
866,667 636,275 611,765 |
| PDMR | Number of Ordinary Shares over which option granted |
| Charles Morgan – Group General Counsel and Company Secretary | 205,882 |
Following the above awards, the total number of Ordinary Shares over which options are held by the above Directors/PDMR is as set out below:
| Directors/PDMRs | Number of Options heldover Ordinary Shares |
| James Menzies Michael Buck Jonathan Copus Charles Morgan |
2,316,804 1,546,249 1,513,263 411,836 |
For further information:
Charles Morgan +44 (0) 20 7432 2680
Group General Counsel and
Company Secretary