Director/PDMR Shareholding

RNS Number : 5967Z

Tullow Oil PLC

03 September 2018

 

3 September 2018

NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Les Wood
2	Reason for the notification
a)	Position/status	CFO
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 instruments, type of instruments Identification code	(1) Tullow Incentive Plan nil-consideration awards granted 18 February 2015 (2) Employee Share Awards Plan nil-consideration awards granted 19 February 2014 and 6 August 2015 (3) Ordinary shares of 10p each in Tullow Oil plc GB00BF0BYM74
b)	Nature of the transactions	(1) (2) Exercise of vested awards (3) Sale of ordinary shares to cover tax obligations arising from the exercise of vested awards
c)	Prices and volumes	Price(s) (1) nil (2) nil (3) £2.339	Volume(s) (1) 31,390 (2) 82,601 (3) 53,711
d)	Aggregated information - Aggregated volume - Price	Total awards exercised: 113,991 Total shares sold: 53,711 Price of awards exercised: nil Price of shares sold: £125,630.03
e)	Date of the transactions	30 August 2018
f)	Place of the transactions	(1) (2) Outside a trading venue (3) London Stock Exchange (XLON)

 

END

 

 

DSHLJMBTMBJMBRP