Tullow Oil PLC Holding(s) in Company (1503S)

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RNS Number : 1503S

Tullow Oil PLC

28 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 
----------------------------------------------------------------------------------  -------------- 
 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 
-----------------------------------------------  ------------------------------------------------- 
 City and country of registered                   London, United Kingdom 
  office (if applicable) 
-----------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                   26.09.2017 
  was crossed or reached(vi) 
  : 
-----------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                 28.09.2017 
  (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                     2.32%                 3.45%            5.77%        1,384,526,376 
---------------------  ------------------------  ----------------  ---------------  -------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)                    3.04%                 3.91%            6.95% 
---------------------  ------------------------  ----------------  ---------------  -------------- 
 
 
 
 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            32,117,865           0                  2.32%                  0% 
---------------------  --------------  --------------  -------------------------  -------------- 
 
 
 SUBTOTAL 
  8. A                           32,117,865                              2.32% 
---------------------  ------------------------------  ----------------------------------------- 
 
 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 
--------------------  ---------------  --------------  ------------  -----------  -------------- 
       Equity 
        swaps            20.08.2024                        Cash       24,087,000       1.74% 
--------------------  ---------------  --------------  ------------  -----------  -------------- 
 Physically-settled 
     Put Options         15.12.2017                      Physical     11,740,000       0.85% 
--------------------  ---------------  --------------  ------------  -----------  -------------- 
 
                                                        SUBTOTAL 
                                                         8.B.2        35,827,000       2.59% 
                                                       ------------  -----------  -------------- 
 
 
 
 
 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) 
--------------------------------------------------------------  --------------------- 
  Name          % 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 
------------------------------------------------------------------------------------- 
 
 
 
 
 Place of completion   London 
--------------------  ----------- 
 Date of completion    28.09.2017 
--------------------  ----------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 28, 2017 11:26 ET (15:26 GMT)