TIDMTLW

RNS Number : 0975A

Tullow Oil PLC

21 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                  TULLOW OIL PLC 
  the underlying issuer                                                            0150080 
  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                                                Yes 
-------------------------------------------------------------------------  ------------------------------------ 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-------------------------------------------------------------------------  ------------------------------------ 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
-------------------------------------------------------------------------  ------------------------------------ 
 An event changing the breakdown of voting rights                                           No 
-------------------------------------------------------------------------  ------------------------------------ 
 Other (please 
  specify): 
-------------------------------------------------------  ----------------  ------------------------------------ 
 3. Full name of person(s)                                           Majedie Asset Management Limited 
  subject to the 
  notification obligation: 
---------------------------------------------------------  ---------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):                                              MAJEDIE UK EQUITY FUND, MAJEDIE 
                                                                        UK FOCUS FUND, MAJEDIE ASSET 
                                                                         MANAGEMENT UK EQUITY FUND, 
                                                                        MAJEDIE INSTITUTIONAL TRUST, 
                                                                      MAJEDIE ASSET MANAGEMENT TORTOISE 
                                                                        FUND, MAJEDIE TORTOISE FUND, 
                                                                         MAJEDIE GLOBAL EQUITY FUND, 
                                                                         MAJEDIE GLOBAL FOCUS FUND, 
                                                                          DISCRETIONARY PORTFOLIOS 
---------------------------------------------------------  ---------------------------------------------------- 
 5. Date of the transaction                                                    17 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
---------------------------------------------------------  ---------------------------------------------------- 
 6. Date on which issuer                                                       20 March 2017 
  notified: 
---------------------------------------------------------  ---------------------------------------------------- 
 7. Threshold(s) that is/are                                                     Below 5% 
  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 (x) 
                 Shares             Voting                            rights 
                                    Rights 
-------------  -----------------  ----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
-------------      -------------    ------------    --------------  ---------  ------------  ------------  ----------- 
 GB0001500809       56975322          56975322                                   29209276                      3.20 
               -----------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                         Number of voting           % of voting 
 financial           date             Conversion                        rights that                rights 
 instrument                           Period                            may be 
                                                                        acquired if 
                                                                        the 
                                                                        instrument 
                                                                        is 
                                                                        exercised/ 
                                                                        converted. 
-----------------  ---------------  --------------------------------  -------------------------  --------------------- 
 
 
 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 
---------------  ---------------  --------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
                      29209276                                                      3.20 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------------------- 
 
 
 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: 
-------------------------------------------------------------  ---------------------------------- 
 
                                                                Majedie Asset Management 
  13. Additional information:                                   Limited is a discretionary 
                                                                Fund Manager. It invests 
                                                                funds on behalf of its clients 
                                                                on a segregated basis as 
                                                                well as through sub-funds 
                                                                of its pooled vehicles, Majedie 
                                                                Asset Management Investment 
                                                                Fund Company and Majedie 
                                                                Asset Management (International) 
                                                                Investment Fund Company Plc. 
                                                                It is also the manager of 
                                                                the Majedie Institutional 
                                                                Trust. 
-------------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                              Kevin Massie 
                                                                 Corporate Counsel & Company 
                                                                 Secretary 
                                                                 Tullow Oil plc 
-------------------------------------------------------------  ---------------------------------- 
 15. Contact telephone number:                                  020 3249 9000 
-------------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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