TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached :
TULLOW OIL PLC
2. Reason for the notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation :
Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.):
Please click on the following link to view the schedule of shareholders
http://www.rns-pdf.londonstockexchange.com/rns/8243C_-2011-3-11.pdf
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
9 March 2011
6. Date on which issuer notified:
11 March 2011
7. Threshold(s) that is/are crossed or reached:
M&G Securities Limited (wholly owned subsidiary of M&G Limited) has moved to a 5% notifiable interest triggering this notification.
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
|
Number of shares |
Number of voting Rights |
|
|
|
Resulting situation after the triggering transaction
|
|||||
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Indirect |
Direct |
Indirect |
Ord 10p GB0001500809 |
62,810,224 |
62,290,405 |
519,819 |
7.01% |
0.05% |
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
|
|
|
|
Total (A+B)
Number of voting rights |
% of voting rights |
62,810,224 |
7.06% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Prudential plc (parent Company)
M&G Group Limited (wholly owned subsidiary of Prudential plc)
M&G Limited (wholly owned subsidiary of M&G Group Limited)
M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)
M&G Securities Limited (wholly owned subsidiary of M&G Limited)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
M&G Securities Limited (wholly owned subsidiary of M&G Limited) has moved to a 5% notifiable interest triggering this notification.
14. Contact name:
Richard Taylor, Deputy Company Secretary
15. Contact telephone number:
0203 249 9000