Tullow Oil PLC General Meeting Resolution (1138T)
July 15 2020 - 8:58AM
UK Regulatory
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RNS Number : 1138T
Tullow Oil PLC
15 July 2020
TULLOW OIL PLC
(Registered no. 03919249)
(the "Company")
At the General Meeting of the Company held on 15 July 2020 at 9
Chiswick Park, 566 Chiswick High Road, London, W4 5XT, the
shareholders of the Company passed the following resolution (other
than ordinary business), which the Company has filed with Euronext
Dublin and announces in accordance with Euronext Listing Rule
13.3.5.
Ordinary resolution
THAT:
(a) the proposed sale by the Company of its entire interests in:
(i) the production sharing agreements for Block 1, Block 1A, Block
2 and Block 3A in Uganda and the licences and certain other
contracts related thereto; and (ii) the proposed East African Crude
Oil Pipeline (EACOP) System and associated facilities, as described
in the Circular and substantially on the terms and subject to the
conditions of the agreement for the sale and purchase dated 23
April 2020 between Tullow Uganda Limited, Tullow Uganda Operations
Pty Ltd, the Company and Total E&P Uganda B.V. (the "SPA") and
all other agreements and ancillary documents contemplated by the
SPA, be and are hereby approved for the purposes of Chapter 10 of
the Listing Rules; and
(b) the directors of the Company (the "Directors") (or any duly
authorised committee thereof) be and are hereby authorised to take
all necessary, expedient or desirable steps and to do all
necessary, expedient or desirable things to implement, complete or
to procure the implementation or completion of the Transaction and
any matters incidental to the Transaction and to give effect
thereto with such modifications, variations, revisions, waivers or
amendments (not being modifications, variations, revisions, waivers
or amendments of a material nature by reference to Listing Rule
10.5.2) as the Directors (or any duly authorised committee thereof)
may deem necessary, expedient or desirable in connection with the
Transaction and any matters incidental to the Transaction.
Adam Holland
Company Secretary
Tullow Oil plc
This announcement has been issued through the Companies
Announcement Service of Euronext Dublin .
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END
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