Director/PDMR Shareholding

RNS Number : 2616A

Tullow Oil PLC

22 December 2017

 

22 December 2017

NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Aidan Heavey ("AH") JSN Investments Limited ("JSN")
2	Reason for the notification
a)	Position/status	Chairman (AH) A person closely associated with AH (JSN)
b)	Initial notification /Amendment	Initial notification
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 instrument, type of instrument Identification code	Ordinary shares of 10p each. GB0001500809
b)	Nature of the transactions	Sales of ordinary shares
c)	Price(s) and volume(s)	Price(s) £1.915747 (AH) £1.91659 (JSN)	Volume(s) 197,059 (AH) 343,104 (JSN)
d)	Aggregated information - Aggregated volume - Price	197,059 (AH) 343,104 (JSN) £377,515.09 (AH) £657,589.70 (JSN)
e)	Date of the transactions	21 December 2017
f)	Place of the transactions	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Paul McDade
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
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 instrument, type of instrument Identification code	(1) DSBP nil-consideration awards granted 13 March 2008 (2) PSP nil-consideration awards granted 15 May 2008 (3) Ordinary shares of 10p each Tullow Oil plc GB00BF0BYM74
b)	Nature of the transactions	(1) Exercise of vested awards (2) Exercise of vested awards (3) Sale of ordinary shares to cover tax obligations arising from the exercise of vested awards
c)	Price(s) and volume(s)	Price(s) (1) nil (2) nil (3) £1.9425	Volume(s) (1) 17,229 (2) 94,182 (3) 52,495
d)	Aggregated information - Aggregated volume - Price	Total awards exercised: 111,411 Total shares sold: 52,495 Price of awards exercised: nil Price of shares sold: £101,971.54
e)	Date of the transactions	21 December 2017
f)	Place of the transactions	London Stock Exchange (XLON)

 

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