Holding(s) in Company

RNS Number : 7263E

Tullow Oil PLC

10 May 2017

 

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
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached					x
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Deutsche Bank AG
4. Full name of shareholder(s)  (if different from 3.):iv		Deutsche Bank AG, London Branch
5. Date of the transaction and date on which the threshold is crossed or reached: v		08/05/2017
6. Date on which issuer notified:		10/05/2017
7. Threshold(s) that is/are crossed or reached: vi, vii		Below 7%

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

37,261,257

37,261,257

40,203,778

40,203,778

0

2.91%

0

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 Call Option - physical

15-Dec-17

1,708,406 11,740,000

0.12% 0.85%

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

Swaps Put Option - physical

17-Mar-19 15-Dec-17

30,396,489 11,740,000

Nominal

Delta

0.85%

2.20%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

95,788,673

6.93%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Deutsche Bank AG, London Branch - 6.93%
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:
14. Contact name:	Kevin Massie Corporate Counsel & Company Secretary Tullow Oil plc
15. Contact telephone number:	02032499000

 

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