I think it refers to Performance Share Plan
Pursuant to the Company's obligations under Disclosure and Transparency Rule
3.1.4, the Company hereby notifies the following awards and vestings of
ordinary shares of US$0.025 each in the Company (the "Shares") under the
Petrofac Performance Share Plan ("PSP") and the Petrofac Deferred Bonus
Share Plan ("DBSP") made on 19 March 2009.
PSP awards are made by the Company to senior executives and generally vest
on the third anniversary of the date of grant provided a participant does
not leave the Company's employment and to the extent that performance
conditions have been satisfied. Awards were made at nil cost to
participants.
http://www.petrofac.com/rnsitem.aspx?id=1269268860nRSV9583Ia