Director's Dealing • Sep 3, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 5967Z
Tullow Oil PLC
03 September 2018
3 September 2018
NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Les Wood | |
| 2 | Reason for the notification | ||
| a) | Position/status | CFO | |
| b) | Initial notification /Amendment | Initial notification | |
| 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 instruments, type of instruments Identification code |
(1) Tullow Incentive Plan nil-consideration awards granted 18 February 2015 (2) Employee Share Awards Plan nil-consideration awards granted 19 February 2014 and 6 August 2015 (3) Ordinary shares of 10p each in Tullow Oil plc GB00BF0BYM74 |
|
| b) | Nature of the transactions | (1) (2) Exercise of vested awards (3) Sale of ordinary shares to cover tax obligations arising from the exercise of vested awards |
|
| c) | Prices and volumes | Price(s) (1) nil (2) nil (3) £2.339 |
Volume(s) (1) 31,390 (2) 82,601 (3) 53,711 |
| d) | Aggregated information - Aggregated volume - Price |
Total awards exercised: 113,991 Total shares sold: 53,711 Price of awards exercised: nil Price of shares sold: £125,630.03 |
|
| e) | Date of the transactions | 30 August 2018 | |
| f) | Place of the transactions | (1) (2) Outside a trading venue (3) London Stock Exchange (XLON) |
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 [email protected] or visit www.rns.com.
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