Tullow Oil PLC Director/PDMR Shareholding

Date : 10/18/2019 @ 8:05AM
Source : UK Regulatory (RNS & others)
Stock : Tullow Oil Plc (TLW)
Quote : 60.66  8.0 (15.19%) @ 4:35PM
Tullow Oil share price Chart

Tullow Oil PLC Director/PDMR Shareholding

TIDMTLW TIDMTTM TIDMTTM

RNS Number : 2939Q

Tullow Oil PLC

18 October 2019

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                   Paul McDade (CEO) 
                                               Les Wood (CFO) 
                                               Angus McCoss (Exploration Director) 
      -------------------------------------  -------------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                        As per 1(a) 
      -------------------------------------  -------------------------------------------------- 
 b)    Initial notifications                  Initial notifications 
        /Amendments 
      -------------------------------------  -------------------------------------------------- 
 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                         (1) Nil price options granted pursuant to 
        the financial                          the rules of the Tullow Incentive Plan. 
        instrument, type                       (2) Ordinary shares of 10p each 
        of instrument 
        Identification 
        code                                   GB0001500809 
      -------------------------------------  -------------------------------------------------- 
 b)    Nature of the                          (1) Dividend-equivalent adjustment of nil 
        transactions                           price option awards granted pursuant to the 
                                               2018 and 2019 Tullow Incentive Plan schemes 
                                               (2) Reinvestment of dividend earned under 
                                               the 2018 and 2019 TIP (Tullow Incentive Plan) 
                                               schemes through nominee account 
      -------------------------------------  -------------------------------------------------- 
 c)    Price(s)                                            Price(s)               Volume(s) 
        and 
        volume(s) 
                                                              (1)                    (1) 
                                                            GBP2.05                  1,817 
                                                                                    (Angus 
                                                                                    McCoss 
                                                                                       - 
                                                                                     2018) 
                                                                                     (1) 
                                                                                     2,508 
                                                                                    (Angus 
                                                                                    McCoss 
                                                                                       - 
                                                                                     2019) 
                                                                                     (1) 
                                                                                     2,569 
                                                                                     (Paul 
                                                                                    McDade 
                                                                                       - 
                                                                                     2018) 
                                                                                     (1) 
                                                                                     4,435 
                                                                                     (Paul 
                                                                                    McDade 
                                                                                       - 
                                                                                     2019) 
                                                                                     (1) 
                                                                                     1,372 
                                                                                     (Les 
                                                                                     Wood 
                                                                                       - 
                                                                                     2018) 
                                                                                     (1) 
                                                                                     2,661 
                                                                                     (Les 
                                                                                     Wood 
                                                                                       - 
                                                                                     2019 
----  ------------------------------------- 
   (2)                                                                        (2) 
    GBP2.0217                                                                  9,700 
  -------------------------------------------------------------------------  ------------------ 
 d)    Aggregated information                 (1) 4,325 (Angus McCoss) 
        - Aggregated volume                    (1) 7,004 (Paul McDade) 
                                               (1) 4,003 (Les Wood) 
                                               (2) 9,700 (Angus McCoss) 
        - Price 
                                               (1) GBP8,866.25 (Angus McCoss) 
                                               (1) GBP14,358.20 (Paul McDade) 
                                               (1) GBP8,267.65 (Les Wood) 
                                               (2) GBP19,610.49 
====  =====================================  ================================================== 
 e)    Date of the transactions               (1) 17.10.2019 
    (2) 08.10.2019 
  --------------------------------------------------------------------------------------------- 
 f)    Place of the transactions              (1) Outside a trading venue 
                                               (2) London Stock Exchange (XLON) 
====  =====================================  ================================================== 
 
 
 Name of officer of issuer responsible for making notification: 
  Adam Holland 
  Date of notification: 18.10.2019 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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October 18, 2019 04:05 ET (08:05 GMT)

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