Tullow Oil PLC Director/PDMR Shareholding (9113H)

TIDMTLW

RNS Number : 9113H

Tullow Oil PLC

23 August 2016

23 August 2016

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ------------------------------------------------------------- 
 a)   Name                    Aidan Heavey ("AH") 
                               JSN Investments Limited ("JSN") 
---  ----------------------  ------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------- 
 a)   Position/status         CEO (AH) 
                               A person closely associated with 
                               AH (JSN) 
---  ----------------------  ------------------------------------- 
 b)   Initial notifications   Initial notifications 
       /Amendments 
---  ----------------------  ------------------------------------- 
 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             (1) Deferred Share Bonus Plan 
       of the financial        2005 share options in respect 
       instrument,             of ordinary shares of 10p each. 
       type of instrument      (2) Ordinary shares of 10p each. 
       Identification 
       code                    GB0001500809 
---  ----------------------  ------------------------------------- 
 b)   Nature of               (1) Exercise of options awarded 
       the transactions        under the Deferred Share bonus 
                               Plan 2005 and subsequent sale 
                               of shares (AH) 
                               (2) Sale of ordinary shares (JSN) 
---  ----------------------  ------------------------------------- 
 c)   Price(s) and               Price(s)           Volume(s) 
       volume(s) 
                               (1) GBP2.2873     (1) 111,298 (AH) 
                                    (AH) 
                               (2) GBP2.26522    (2) 222,698 (JSN) 
                                    (JSN) 
---  ----------------------  ----------------  ------------------- 
 d)   Aggregated 
       information              (1) 111,298 (AH) 
       - Aggregated             (2) 222,698 (JSN) 
       volume                   (1) GBP254,571.92 (AH) 
                                (2) GBP504,459.96 (JSN) 
       - Price 
---  ----------------------  ------------------------------------- 
 e)   Date of the             22 August 2016 
       transactions 
---  ----------------------  ------------------------------------- 
 f)   Place of the            London Stock Exchange (XLON) 
       transactions 
---  ----------------------  ------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 23, 2016 06:30 ET (10:30 GMT)