TIDMTLW

RNS Number : 6810C

Tullow Oil PLC

20 January 2015

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                  Tullow Oil PLC 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
--------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                      X 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic                  X 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject                        BlackRock, Inc. 
  to the 
  notification obligation: 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.): 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                    19(th) January 2015 
  on 
  which the threshold is crossed 
  or 
  reached: 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                      20(th) January 2015 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                 Holding has gone above 5% 
  or 
  reached: 
------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                      Resulting situation after the triggering 
 of               to the triggering                       transaction 
 shares           transaction 
 
 if possible 
 using 
 the ISIN CODE 
--------------  --------------------------------------  ----------------------------------------------------------------- 
                 Number          Number                  Number     Number of voting           % of voting rights 
                  of              of                     of          rights 
                  Shares          Voting                 shares 
                                  Rights 
--------------  --------------  ----------------------  ---------  -------------------------  --------------------------- 
                                                         Direct     Direct        Indirect     Direct         Indirect 
--------------   ----  -------  -------  ------  -----  ---------  ------------  -----------  -------------  ------------ 
 GB0001500809    N/A             N/A                     N/A        N/A           45,476,505   N/A            4.99% 
                --------------  ----------------------  ---------  ------------  -----------  -------------  ------------ 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration        Exercise/                       Number of voting              % of voting 
  instrument             date              Conversion Period               rights that may               rights 
                                                                           be 
                                                                           acquired if the 
                                                                           instrument is 
                                                                           exercised/ converted. 
---------------------  ----------------  ------------------------------  ----------------------------  ------------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration       Exercise/         Number of voting               % of voting rights 
 financial         price          date             Conversion        rights instrument 
 instrument                                        period            refers to 
---------------  -------------  ---------------  ----------------  -----------------------------  ----------------------- 
 CFD                                                                907,623                        Nominal     Delta 
---------------  -------------  ---------------  ----------------  -----------------------------  ----------  ----------- 
                                                                                                   0.10%       0.10% 
          ---------------------------------------------------------------------  -----------      ----------  ----------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  ------------------------------------------------------- 
 46,384,128                                                        5.09% 
----------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                         Kevin Massie 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             +44(0) 203 249 9000 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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