Director/PDMR Shareholding

RNS Number : 6275E
Tullow Oil PLC
12 February 2018
 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

(I) Paul McDade (CEO)
(II) Angus McCoss (Exploration Director)
(III) Les Wood (CFO)
(IV) Aidan Heavey (Non-Executive Chairman)

2

Reason for the notification

a)

Position/status

As per 1(a)

b)

Initial notifications /Amendments

Initial notifications

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) Nil price options relating to ordinary shares of 10p each and granted pursuant to the Tullow Incentive Plan

(2)  Ordinary shares of 10p each



GB0001500809

b)

Nature of the transactions

(1) Grant of nil price options pursuant to the rules of the Tullow Incentive Plan. The awards granted will normally vest on 8 February 2023.

(2) Grant of restricted ordinary shares pursuant to the rules of the Tullow Incentive Plan. The restricted shares will normally vest on 8 February 2023.

c)

Price(s) and volume(s)

Price(s)

(1) nil

 

 

 

(2) £1.8022

Volume(s)

(I) 278,628

(II) 197,082

(III) 148,802

(IV) 119,889

(IV) 194,303

d)

Aggregated information

- Aggregated volume

 

- Price

 

938,704

 

£350,172.87

e)

Date of the transactions

(1) 08.02.2018

(2) 09.02.2018

f)

Place of the transactions

(1) Outside a trading venue

(2) XLON

 

Name of officer of issuer responsible for making notification: Kevin Massie

Date of notification: 12.02.2018

 


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