Director's Dealing • Feb 12, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 6275E
Tullow Oil PLC
12 February 2018
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | (I) Paul McDade (CEO) (II) Angus McCoss (Exploration Director) (III) Les Wood (CFO) (IV) Aidan Heavey (Non-Executive Chairman) |
|
| 2 | Reason for the notification | ||
| a) | Position/status | As per 1(a) | |
| b) | Initial notifications /Amendments | Initial notifications | |
| 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 the financial instrument, type of instrument Identification code |
(1) Nil price options relating to ordinary shares of 10p each and granted pursuant to the Tullow Incentive Plan (2) Ordinary shares of 10p each GB0001500809 |
|
| b) | Nature of the transactions | (1) Grant of nil price options pursuant to the rules of the Tullow Incentive Plan. The awards granted will normally vest on 8 February 2023. (2) Grant of restricted ordinary shares pursuant to the rules of the Tullow Incentive Plan. The restricted shares will normally vest on 8 February 2023. |
|
| c) | Price(s) and volume(s) | Price(s) (1) nil (2) £1.8022 |
Volume(s) (I) 278,628 (II) 197,082 (III) 148,802 (IV) 119,889 (IV) 194,303 |
| d) | Aggregated information - Aggregated volume - Price |
938,704 £350,172.87 |
|
| e) | Date of the transactions | (1) 08.02.2018 (2) 09.02.2018 |
|
| f) | Place of the transactions | (1) Outside a trading venue (2) XLON |
Name of officer of issuer responsible for making notification: Kevin Massie
Date of notification: 12.02.2018
This information is provided by RNS
The company news service from the London Stock Exchange
END
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