Tullow Oil PLC Director/PDMR Shareholding (6069S)

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RNS Number : 6069S

Tullow Oil PLC

17 March 2021

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                     (i) Rahul Dhir (CEO) 
                                                (ii) Les Wood (CFO) 
     ----------------------------------  ------------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status                     As per 1(a) 
     ----------------------------------  ------------------------------------------------ 
 b)   Initial notifications               Initial notification 
       /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 of                      Nil price options relating to ordinary shares 
       the financial                       of 10p each granted 
       instrument, type                    pursuant to the Tullow Incentive Plan. 
       of instrument 
       Identification                      GB0001500809 
       code 
     ----------------------------------  ------------------------------------------------ 
 b)   Nature of the                       Grant of nil price options pursuant to the 
       transactions                        rules of the Tullow Incentive Plan. The 
                                           awards granted will normally vest on 15 
                                           March 2026 
     ----------------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)                 Price(s)                   Volume(s) 
                                                Nil                    (i) 319,316 
                                                                       (ii) 338,765 
     ----------------------------------  ---------------  ------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                  658,081 
 
       - Price                              Nil 
     ----------------------------------  ------------------------------------------------ 
 e)   Date of the transactions            15.03.2021 
     ----------------------------------  ------------------------------------------------ 
 f)   Place of the transactions           Outside a trading venue 
     ----------------------------------  ------------------------------------------------ 
 
 
 Name of officer of issuer responsible for making notification: 
  Adam Holland 
  Date of notification: 17.03.2021 
 

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March 17, 2021 10:04 ET (14:04 GMT)