REG - Tullow Oil PLC Deutsche Bank AG - Holding(s) in Company <Origin Href="QuoteRef">DBKGn.DE</Origin> <Origin Href="QuoteRef">TLW.L</Origin>

Deutsche Bank AGAnnouncement

20/02/2017 16:40

RNS Number : 3627X
Tullow Oil PLC
20 February 2017
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
TULLOW OIL PLC
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
x
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
x
An event changing the breakdown of voting rights

Other (please specify):


3. Full name of person(s) subject to the
notification obligation:
Deutsche Bank AG
4. Full name of shareholder(s)
(if different from 3.):
Deutsche Bank AG, London Branch
5. Date of the transaction and date on
which the threshold is crossed or
reached:
15/02/2017
6. Date on which issuer notified:
17/02/2017
7. Threshold(s) that is/are crossed or
reached: 
Below 8%


8. Notified details:
A: Voting rights attached to shares
Class/type of
shares

if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rights 
Direct
Direct 
Indirect 
Direct
Indirect
GB0001500809
26,256,290
26,256,290
25,785,475
25,785,475
0
2.82%
0


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date 
Exercise/
Conversion Period 
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights
Right To Recall
Call Option
15-Dec-17

7,291,800
10,000,000
0.80%
1.09%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments 
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise price
Expiration date 
Exercise/
Conversion period
Number of voting rights instrument refers to
% of voting rights 
Swaps
Put Option

02-Mar-18
15-Dec-17

20,061,543
10,000,000
Nominal
Delta
2.19%
1.09%
2.19%
1.09%
Total (A+B+C)
Number of voting rights
Percentage of voting rights
73,138,818
7.998%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: 
Deutsche Bank AG, London Branch - 7.998%

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:



13. Additional information:
14. Contact name:
Kevin Massie
Corporate Counsel & Company Secretary
Tullow Oil plc
15. Contact telephone number:

020 3249 9000

This information is provided by RNS
The company news service from the London Stock Exchange
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