Director/PDMR Shareholding

RNS Number : 4725R
Tullow Oil PLC
28 February 2019
 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Les Wood

2

Reason for the notification

a)

Position/status

CFO

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 instruments, type of instruments



Identification code

(1) Tullow Incentive Plan nil-consideration awards granted 11 February 2016

(2) Ordinary shares of 10p each in Tullow Oil plc


GB0001500809

b)

Nature of the transactions

(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) £2.214

Volume(s)

(1) 160,053

(2) 75,414

d)

Aggregated information

- Aggregated volume

 

- Price

 

Total awards exercised: 160,053

Told shares sold: 75,414

Nil

£166,966.60

e)

Date of the transactions

26.02.2019

f)

Place of the transactions

(1) Outside a trading venue; (2) XLON

 

Name of officer of issuer responsible for making notification: Adam Holland

Date of notification: 28.02.2019

 


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