Tullow Oil PLC Holding(s) in Company (9191L)

TIDMTLW

RNS Number : 9191L

Tullow Oil PLC

06 October 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                                     TULLOW OIL PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
---------------------------------------------------------------  ----------------------------------- 
 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                                 x 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of instruments with                                     x 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------------  -------------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------  -------------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -------  -------------------------------- 
 3. Full name of person(s)                                    Deutsche Bank AG 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)                               Deutsche Bank AG, London Branch 
  (if different from 3.): 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                   03/10/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                      05/10/2016 
  notified: 
-----------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are                                  Below 8% 
  crossed or 
  reached: 
-----------------------------------------------------------  --------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                Resulting situation after the 
  of              to the triggering                 triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------------  -------------------------------------------------------------------- 
                 Number           Number           Number         Number of                   % of voting 
                  of               of               of shares      voting                      rights 
                  Shares           Voting                          rights 
                                   Rights 
--------------  ---------------  ---------------  -------------  --------------------------  ------------------------- 
                                                   Direct         Direct         Indirect     Direct        Indirect 
--------------      -----------    -----------    -------------  -------------  -----------  ------------  ----------- 
 
  GB0001500809   42,670,049       42,670,049       35,209,713     35,209,713     0            3.86%         0 
                ---------------  ---------------  -------------  -------------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/                       Number of voting              % of voting 
  instrument          date           Conversion                      rights that                   rights 
                                     Period                          may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 Right To Recall                                                    7,291,800                     0.8% 
------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise       Expiration     Exercise/        Number of voting              % of voting 
 financial          price         date           Conversion        rights instrument             rights 
 instrument                                      period            refers to 
----------------  -------------  -------------  ---------------  ----------------------------  ----------------------- 
 Swaps                            31-Aug-17                       21,922,959                    Nominal       Delta 
----------------  -------------  -------------  ---------------  ----------------------------  ------------  --------- 
                                                                                                2.40%         2.40% 
--------------      -----------    -----------      -----------    -----------  -----------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                             Percentage of voting rights 
--------------------------------------------------  ------------------------------------------------------------------ 
 64,424,472                                           7.06% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------------------- 
 
   Deutsche Bank AG, London Branch - 7.06% 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ----------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  ----------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  ----------------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  ----------------------------- 
 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

The company news service from the London Stock Exchange

END

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October 06, 2016 09:40 ET (13:40 GMT)