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

 

END

 

 

HOLKXLBLQFFZFBK