TULLOW OIL PLC

National Storage Mechanism | Additional information

RNS Number : 7626R

Tullow Oil PLC

13 December 2016


For filings with the FCA include the annex
For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Tullow Oil Plc
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 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
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.):	Prudential plc M&G Group Limited M&G Limited M&G Investment Management Limited
5. Date of the transaction and date on which the threshold is crossed or reached:	12 December 2016
6. Date on which issuer notified:	13 December 2016
7. Threshold(s) that is/are crossed or reached:	See item 13


8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE		Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of voting rights
Direct		Direct		Indirect	Direct		Indirect
ORD GBP0.10 GB0001500809		45,958,307			45,958,307			45,809,457		0		45,809,457	0		5.02%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date			Exercise/ Conversion Period					Number of voting rights that may be acquired if the instrument is exercised/ converted.			% of voting rights


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price			Expiration date			Exercise/ Conversion period		Number of voting rights instrument refers to				% of voting rights
													Nominal			Delta


Total (A+B+C)
Number of voting rights									Percentage of voting rights
45,809,457									5.02%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Prudential plc (parent Company) - 45,809,457 (5.02%) M&G Group Limited (wholly owned subsidiary of Prudential plc) - 45,606,692 (4.99%) M&G Limited (wholly owned subsidiary of M&G Group Limited) - 45,606,692 (4.99%) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 45,606,692 (4.99%)

Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A

13. Additional information:	The following entities have triggered a notification, moving below a 5% indirect notifiable interest: M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)
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

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