Tullow Oil PLC Holding(s) in Company (3231A)

TIDMTLW TIDM65FK

RNS Number : 3231A

Tullow Oil PLC

23 March 2017

 
 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 
  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)                                          Commonwealth Bank of Australia 
  subject to the                                                      on behalf of the controlled 
  notification obligation:                                                    undertaking; 
 
                                                                  First State Investments (Singapore) 
                                                                                Limited 
                                                                   First State Investment Management 
                                                                              (UK) Limited 
                                                                 First State Investments International 
                                                                                Limited 
-----------------------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------  -------------------------------------------- 
 5. Date of the transaction                                                21(st) March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  -------------------------------------------- 
 6. Date on which issuer                                                   23(rd) March 2017 
  notified: 
-----------------------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are                                                      >3% 
  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     27,148,120       27,148,120      33,413,517    33,413,517                     3.65% 
                ---------------  ---------------  -------------  -------------  -----------  ------------  ----------- 
 
 
 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. 
------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 
 
 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 
----------------  -------------  -------------  ---------------  ----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
----------------  -------------  -------------  ---------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                             Percentage of voting rights 
--------------------------------------------------  ------------------------------------------------------------------ 
                    33,413,517                                                     3.65% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
---------------------------------------------------------------------------------------------- 
 
 
                    First State Investments (Singapore) Limited - 16,535,115 
                                             - 1.81% 
                   First State Investment Management (UK) Limited - 7,056,435 
                                             - 0.77% 
                    First State Investments International Limited - 9,821,967 
                                             - 1.07% 
 
 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: 
--------------------------------------------------------------  ------------------------------ 
 
                                                                 Please be advised 914,578,783 
  13. Additional information:                                    was used as the denominator. 
--------------------------------------------------------------  ------------------------------ 
 14. Contact name:                                               Kevin Massie 
                                                                  Corporate Counsel & Company 
                                                                  Secretary 
                                                                  Tullow Oil plc 
--------------------------------------------------------------  ------------------------------ 
 15. Contact telephone number:                                   020 3249 9000 
--------------------------------------------------------------  ------------------------------ 
 
 

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(END) Dow Jones Newswires

March 23, 2017 07:03 ET (11:03 GMT)