Director/PDMR Shareholding

RNS Number : 1381G

Tullow Oil PLC

27 February 2018

 

27 February 2018

NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Angus McCoss
2	Reason for the notification
a)	Position/status	Exploration Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tullow Oil plc
b)	LEI	2138003EYHWO75RKS857
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 the financial instrument, type of instrument Identification code	(1) Tullow Incentive Plan nil-consideration awards granted 19 February 2014 (2) Ordinary shares of 10p each in Tullow Oil plc GB00BF0BYM74
b)	Nature of the transaction	(1) Exercise of vested awards (2) Sale of ordinary shares to cover tax obligations arising from the exercise of vested awards
c)	Price(s) and volume(s)	Price(s) (1) nil (2) £1.8965	Volume(s) (1) 68,334 (2) 32,198
d)	Aggregated information - Aggregated volume - Price	Total awards exercised: 68,334 Total shares sold: 32,198 Price of awards exercised: nil Price of shares sold: £61,063.51
e)	Date of the transaction	26 February 2018
f)	Place of the transaction	(1) Outside a trading venue (2) London Stock Exchange (XLON)

 

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