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) |
|
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
|
|
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 |