Tullow Oil PLC Holding(s) in Company (8593Q)
December 02 2016 - 9:45AM
UK Regulatory
TIDMTLW TIDM0H7D
RNS Number : 8593Q
Tullow Oil PLC
02 December 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
----------------------------------------------------------------------------------------------------
1. Identity of the issuer or TULLOW OIL PLC
the underlying issuer
of existing shares to which
voting rights are
attached:
--------------------------------------------------------------- -----------------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
----------------------------------------------------------------------------------------------------
An acquisition or disposal of voting rights x
------------------------------------------------------------------ --------------------------------
An acquisition or disposal of qualifying financial x
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
------------------------------------------------------------------ --------------------------------
An acquisition or disposal of instruments with x
similar economic effect to qualifying financial
instruments
------------------------------------------------------------------ --------------------------------
An event changing the breakdown of voting rights
------------------------------------------------------------------ --------------------------------
Other (please
specify):
--------------------------------------------------------- ------- --------------------------------
3. Full name of person(s) Deutsche Bank AG
subject to the
notification obligation:
----------------------------------------------------------- ---------------------------------------
4. Full name of shareholder(s) Deutsche Bank AG, London Branch
(if different from 3.):
----------------------------------------------------------- ---------------------------------------
5. Date of the transaction 29/11/2016
and date on
which the threshold is
crossed or
reached:
----------------------------------------------------------- ---------------------------------------
6. Date on which issuer 01/12/2016
notified:
----------------------------------------------------------- ---------------------------------------
7. Threshold(s) that is/are Above 9%
crossed or
reached:
----------------------------------------------------------- ---------------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
----------------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
-------------- --------------------------------------------- -------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights
Shares Voting rights
Rights
-------------- ------------------------ ------------------- -------------- ------------------------ -------------------------
Direct Direct Indirect Direct Indirect
-------------- ------- ----------- ----------- ---- -------------- ------------- --------- ------------ -----------
GB0001500809 25,711,995 25,711,995 31,643,718 31,643,718 0 3.47% 0
------------------------ ------------------- -------------- ------------- --------- ------------ -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
Period may be
acquired if
the
instrument
is
exercised/
converted.
------------------------- --------------- ----------------------------------- -------------------------- ---------------------
Right To Recall
8,219,100 0.90%
Call Option 15-Dec-17
10,000,000 1.10%
------------------------- --------------- ----------------------------------- -------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights
instrument period refers to
---------------- -------------------- --------------- -------------------- -------------------------- -----------------------
Nominal Delta
-------------- -------------------- -------------------- ------------ ---------
Swaps 03-Jan-18 22,953,696 2.52% 2.52%
Put Option 15-Dec-17 10,000,000 1.10% 1.10%
---------------- ------- ----------- --------------- ---- ------ ------ -------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------------------------- -----------------------------------------------------------
82,816,514 9.08%
--------------------------------------------------------------------- -----------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
--------------------------------------------------------------------------------------------
Deutsche Bank AG, London Branch - 9.08%
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: 020 3249 9000
------------------------------------------------------------- -----------------------------
HOLZLLFBQLFZFBF
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