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RNS Number : 7314J

Tullow Oil PLC

09 April 2015

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters

 
 1             Name of the Issuer             2    State whether the notification relates to (i) a transaction 
                                                   notified in accordance with DTR 
                  Tullow Oil PLC                   3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or 
                                                   (iii) a disclosure made 
                                                   in accordance with section 793 of the Companies Act (2006). 
 
                                                   (i) 
 3    Name of person discharging              4      State whether notification relates to a person connected with a 
       managerial responsibilities/director                           person discharging managerial 
                                                     responsibilities/director named in 3 and identify the connected 
       Graham Martin                                                             person 
       Angus McCoss 
       Paul McDade                                                                 N/A 
       Ian Springett 
     --------------------------------------  ---  -------------------------------------------------------------------- 
 5      Indicate whether the notification     6     Description of shares (including class) debentures or derivatives 
            is in respect of a holding                                  or financial instruments 
            of the person referred to                                      relating to shares 
          in 3 or 4 above or in respect 
               of a non-beneficial 
                   interest(1) 
                                                                       Ordinary Shares of 10p each 
         (In respect of persons referred 
                  to in 3 above) 
     --------------------------------------  ---  -------------------------------------------------------------------- 
 7    Name or registered shareholder(s)       8    State the nature of the transaction 
       and, if more than one, number 
       of shares held by each of                   Purchase of Securities ("Partnership Shares") and receipt of an 
       them                                        award of free shares ("Matching 
                                                   Shares) under a HMRC Approved Share Incentive Plan at the end of an 
       Computershare Trustees Limited              accumulation period for 
                                                   savings. 
     --------------------------------------  ---  -------------------------------------------------------------------- 
 9    Number of shares, debentures            10   Percentage of issued class acquired (treasury shares of that class 
       or financial instruments                    should not be taken into 
       relating to shares acquired                 account when calculating percentage) 
 
       Director No. of % of                        See 9. 
       Shares Share Capital 
 
       Graham Martin 320 Less than 
       0.01% 
       Angus McCoss 320 Less than 
       0.01% 
       Paul McDade 320 Less than 
       0.01% 
       Ian Springett 320 Less than 
       0.01% 
     --------------------------------------  ---  -------------------------------------------------------------------- 
 11       Number of shares, debentures        12   Percentage of issued class disposed (treasury shares of that class 
             or financial instruments              should not be taken into 
           relating to shares disposed             account when calculating percentage) 
 
                       None                        N/A 
     --------------------------------------  ---  -------------------------------------------------------------------- 
      Price per share or value 
       of transaction                                                 Date and place of transaction 
 
 13    GBP2.81 per share                      14                   1 April 2015, London Stock Exchange 
     --------------------------------------  ---  -------------------------------------------------------------------- 
      Total holding following 
       notification and total percentage 
       holding following notification 
       (any treasury shares should 
       not be taken into account 
       when calculating percentage) 
 
       Director No. of % of 
       Shares Share Capital 
 
       Graham Martin 2,039,146                     Date issuer informed of transaction 
       0.223% 
       Angus McCoss 251,209 0.027% 
       Paul McDade 269,555 0.029% 
 15    Ian Springett 14,530 0.001%            16    8 April 2015 
     --------------------------------------  ---  -------------------------------------------------------------------- 
 

If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes:

 
 17   Date of grant                                          18   Period during which or date on which exercised 
 19    Total amount paid (if any) for grant of the option    20   Description of shares or debentures involved (class 
                                                                                      and number) 
     -----------------------------------------------------  ---  ----------------------------------------------------- 
 21      Exercise price (if fixed at time of grant) or       22     Total number of shares or debentures over which 
          indication that the price is to be fixed at                   options are held following notification 
                      the time of exercise 
     -----------------------------------------------------  ---  ----------------------------------------------------- 
 23   Any additional information                             24   Name of contact and telephone number for queries 
     -----------------------------------------------------  ---  ----------------------------------------------------- 
 
 
 Name and signature of authorised officer of issuer responsible 
  for making notification 
 
  KEVIN MASSIE 
 
  Date of notification 9 APRIL 2015 
 

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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