Director/PDMR Shareholding

RNS Number : 4907S

Tullow Oil PLC

11 March 2019

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Paul McDade
2	Reason for the notifications
a)	Position/status	CEO
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 instruments, type of instruments Identification code	(1) TIP nil-consideration options granted 18 February 2015, 19 February 2014 (2) DSBP nil-consideration options granted 22 March 2013, 21 March 2012, 18 March 2011, 17 March 2010, 18 March 2009 (3) PSP nil-consideration options granted 17 March 2010, 18 March 2009 (4) Ordinary shares of 10p each in Tullow Oil plc GB0001500809
b)	Nature of the transactions	(1) (2) (3) Exercise of vested awards (4) Sale of ordinary shares to cover tax obligations arising from the exercise of vested options
c)	Price(s) and volume(s)	Price(s) (1) nil (2) nil (3) nil (2) £2.28037	Volume(s) (1) 119,016 (2) 125,835 (3) 131,784 (4) 177,463
d)	Aggregated information - Aggregated volume - Price	(1) (2) (3) Total options exercised: 376,635 (4) Told shares sold: 177,363 (1) (2) (3) nil (4) £404,681.30
e)	Date of the transactions	07.03.2019
f)	Place of the transactions	(1) (2) (3) Outside a trading venue; (4) XLON

Name of officer of issuer responsible for making notification: Adam Holland Date of notification: 11.03.2019

 

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