Tullow Oil PLC Holding(s) in Company (2872Q)

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RNS Number : 2872Q

Tullow Oil PLC

08 September 2017

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the FCA in Microsoft Word format if possible) 
-------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                        TULLOW OIL PLC 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached: 
-----------------------------------------------  ------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
-------------------------------------------------------------------------------------------------- 
 Non-UK issuer 
----------------------------------------------------------------------------------  -------------- 
 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
-------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                               x 
----------------------------------------------------------------------------------  -------------- 
 An acquisition or disposal of financial instruments                                       x 
----------------------------------------------------------------------------------  -------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------------------  -------------- 
 Other (please specify): 
----------------------------------------------------------------------------------  -------------- 
 3. Details of person subject to the notification obligation 
 Name                                             Deutsche Bank AG 
 City and country of registered                   Frankfurt, Germany 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) 
-------------------------------------------------------------------------------------------------- 
 Name                                             Deutsche Bank AG, London 
                                                   Branch 
-----------------------------------------------  ------------------------------------------------- 
 City and country of registered                   London, United Kingdom 
  office (if applicable) 
-----------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                   06.09.2017 
  was crossed or reached: 
-----------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                 08.09.2017 
  (DD/MM/YYYY): 
-----------------------------------------------  ------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
-------------------------------------------------------------------------------------------------- 
                              % of voting           % of voting        Total of      Total number 
                            rights attached       rights through       both in %      of voting 
                               to shares             financial        (8.A + 8.B)     rights of 
                               (total of            instruments                       issuer 
                                 8. A)               (total of 
                                                    8.B 1 + 8.B 
                                                        2) 
---------------------  ------------------------  ----------------  ---------------  -------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached                     3.04%                 3.91%            6.95%        1,384,526,376 
---------------------  ------------------------  ----------------  ---------------  -------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)                    3.07%                 3.95%            7.02% 
---------------------  ------------------------  ----------------  ---------------  -------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached 
--------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
--------------------------------------------------------------------------------------------------- 
 Class/type             Number of voting rights            % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
--------------------- 
                             Direct          Indirect               Direct              Indirect 
                            (Art 9 of        (Art 10 of            (Art 9 of            (Art 10 of 
                            Directive        Directive             Directive            Directive 
                          2004/109/EC)      2004/109/EC)         2004/109/EC)          2004/109/EC) 
                            (DTR5.1)         (DTR5.2.1)            (DTR5.1)             (DTR5.2.1) 
--------------------   -----------------  --------------  -------------------------  -------------- 
 GB0001500809                 42,103,339         0                  3.04%                  0% 
---------------------  -----------------  --------------  -------------------------  -------------- 
 
 
 SUBTOTAL 
  8. A                             42,103,339                               3.04% 
---------------------  ---------------------------------  ----------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
--------------------------------------------------------------------------------------------------- 
 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                                                     173,344                0.01% 
---------------------  -----------------  --------------  -------------------------  -------------- 
  Physically-settled 
     Call Options          15.12.2017                             11,740,000              0.85% 
---------------------  -----------------  --------------  -------------------------  -------------- 
 
                                           SUBTOTAL 
                                            8. B 1                11,913,344              0.86% 
                                          --------------  -------------------------  -------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Art. 13(1)(b) of Directive 2004/109/EC 
  (DTR5.3.1.1 (b)) 
--------------------------------------------------------------------------------------------------- 
 Type of               Expiration          Exercise/       Physical      Number       % of voting 
  financial             date                Conversion     or cash        of voting    rights 
  instrument                                Period         settlement     rights 
--------------------  ------------------  --------------  ------------  -----------  -------------- 
        Swaps             20.08.2024                          Cash       30,496,793       2.20% 
--------------------  ------------------  --------------  ------------  -----------  -------------- 
     Put Options          15.12.2017                        Physical     11,740,000       0.85% 
--------------------  ------------------  --------------  ------------  -----------  -------------- 
 
                                                           SUBTOTAL 
                                                            8.B.2        42,236,793       3.05% 
                                                          ------------  -----------  -------------- 
 
 
 
 
 9. Information in relation to the person subject to 
  the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is                            x 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer 
 Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(please add additional rows as necessary) 
-----------------------------------------------------------------  --------------------- 
   Namebarr         % of voting               % of voting              Total of both 
                    rights if it             rights through             if it equals 
                    equals or is          financial instruments         or is higher 
                     higher than              if it equals           than the notifiable 
                   the notifiable             or is higher                threshold 
                      threshold            than the notifiable 
                                                threshold 
-------------  ---------------------  ---------------------------  --------------------- 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
---------------------------------------------------------------------------------------- 
 Name of the proxy holder 

------------------------------------  -------------------------------------------------- 
 The number and % of voting 
  rights held 
------------------------------------  -------------------------------------------------- 
 The date until which the 
  voting rights will be held 
------------------------------------  -------------------------------------------------- 
 
 11. Additional information 
---------------------------------------------------------------------------------------- 
 
 12. Contact Name:                     Kevin Massie 
                                        Corporate Counsel & Company 
                                        Secretary 
                                        Tullow Oil plc 
------------------------------------  -------------------------------------------------- 
 13. Contact telephone number:         02032499000 
------------------------------------  -------------------------------------------------- 
 
 
 
 Place of completion   London 
--------------------  ----------- 
 Date of completion    08.09.2017 
--------------------  ----------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 08, 2017 12:08 ET (16:08 GMT)