Tullow Oil PLC Director/PDMR Shareholding (5967Z)
September 03 2018 - 7:00AM
UK Regulatory
TIDMTLW TIDMTTM TIDMTTM
RNS Number : 5967Z
Tullow Oil PLC
03 September 2018
3 September 2018
NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Les Wood
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2 Reason for the notification
-----------------------------------------------------------------------------------------
a) Position/status CFO
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b) Initial notification Initial notification
/Amendment
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3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------
a) Name Tullow Oil plc
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b) LEI 2138003EYHWO75RKS857
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4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------------------------
a) Description of (1) Tullow Incentive Plan nil-consideration
the financial awards granted 18 February 2015
instruments, type (2) Employee Share Awards Plan nil-consideration
of instruments awards granted 19 February 2014 and 6 August
2015
(3) Ordinary shares of 10p each in Tullow
Oil plc
Identification
code GB00BF0BYM74
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b) Nature of the (1) (2) Exercise of vested awards
transactions (3) Sale of ordinary shares to cover tax
obligations arising from the exercise of
vested awards
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c) Prices and volumes Price(s) Volume(s)
(1) nil (1) 31,390
(2) nil (2) 82,601
(3) GBP2.339 (3) 53,711
----------------------------------- ---------------------------- ----------------------
d) Aggregated information
- Aggregated volume Total awards exercised: 113,991
Total shares sold: 53,711
- Price Price of awards exercised: nil
Price of shares sold: GBP125,630.03
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e) Date of the transactions 30 August 2018
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f) Place of the transactions (1) (2) Outside a trading venue
(3) London Stock Exchange (XLON)
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END
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