Tullow Oil PLC
23 March 2007
Tullow Oil plc
23 March 2007
Tullow Oil plc ('Tullow' or 'the Company')
Awards of Shares under the Company's 2005 Performance Share Plan
The Company announces that on 22 March 2007 each of the following executive
directors were granted conditional awards over the number of ordinary shares of
10p each set out below under the terms of the Tullow Oil 2005 Performance Share
Plan.
In respect of the executive directors this notification is made in accordance
with DR 3.1.4R (1)(a) and (b).
Director Number of Conditional Total Conditional Shares
Shares Awarded awarded under Performance
22 March 2007 Share Plan
Aidan Heavey 230,567 797,834
Tom Hickey 147,412 501,174
Graham Martin 130,402 473,404
Angus McCoss 90,539 190,769
Paul McDade 90,539 397,474
Matt O'Donoghue 72,188 368,363
The awards granted on 22 March 2007 will normally vest on 22 March 2010 subject
to continued employment and the satisfaction of performance conditions. The
figures reflect the maximum number of shares that might vest in three years time
- the actual number vesting will depend on the extent to which the performance
conditions are satisfied over the three year performance period. No
consideration was paid for any of the awards and no consideration is due on
vesting.
Enquiries
Graham Martin
Tullow Oil plc
+ 44 208 996 1000
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.