Holding(s) in Company

RNS Number : 9447P
Tullow Oil PLC
23 November 2016
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

X

An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

JPMorgan Chase & Co.

4. Full name of shareholder(s)
 (if different from 3.):iv

J.P. Morgan Securities Plc

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

18 November 2016

6. Date on which issuer notified:

22 November 2016

7. Threshold(s) that is/are crossed or
reached:
vi, vii

3%, 4%, 5% Upwards



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB0001500809

Below minimum threshold

Below minimum threshold



6,510,764


0.71%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

Right to Recall



67,200

0.01%

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

Cash-settled equity swap

Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap Cash-settled equity swap


 

 

30/11/2016

13/12/2016

20/01/2017

31/03/2017

13/04/2017

10/05/2017

13/06/2017

30/06/2017

24/07/2017

26/07/2017

07/08/2017

16/08/2017

03/10/2017

16/10/2017

17/10/2017

01/11/2017

13/11/2017

06/12/2017

13/12/2017

20/04/2018

03/08/2018

 

 

30/11/2016

13/12/2016

20/01/2017

31/03/2017

13/04/2017

10/05/2017

13/06/2017

30/06/2017

24/07/2017

26/07/2017

07/08/2017

16/08/2017

03/10/2017

16/10/2017

17/10/2017

01/11/2017

13/11/2017

06/12/2017

13/12/2017

20/04/2018

03/08/2018

 

 

101,351

8,025,800

13,340,000

3,660,278

187,378

110,242

27,726

2,115,447

37,543

154,893

1,038,000

929,933

515

283

1,726

4,215,074

48,685

200,000

500,000

991,172

3,574,493




0.01%

 0.88%

 1.46%

 0.40%

 0.02%

 0.01%

 0.00%

 0.23%

 0.00%

 0.02%

 0.11%

 0.10%

 0.00%

 0.00%

 0.00%

 0.46%

 0.01%

 0.02%

 0.05%

 0.11%

 0.39%

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

45,838,503

5.02%

 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

Total disclosable holding for JPMorgan Chase & Co.: 45,838,503 (5.02%)

Direct: J.P. Morgan Securities Plc: 6,510,764 (0.71%) Shares; 39,260,539 (4.30%) Qualifying Financial Instruments; 67,200 (0.01%) Financial Instruments with similar economic effect to Qualifying Financial Instruments.

 

Chain of control:

 

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Inc. (100%)

Bank One International Holdings Corporation (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Capital Holdings Limited (100%)

J.P. Morgan Chase (UK) Holdings Limited (99.99%)

J.P. Morgan Chase International Holdings (100%)

J.P. Morgan Securities plc (99.41%)


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A



13. Additional information:

Table 8A) Includes stock borrows of 41,100,643 (4.50%)

14. Contact name:

Kevin Massie

Corporate Counsel & Company Secretary

Tullow Oil plc

15. Contact telephone number:

020 3249 9000

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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