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Brief: Tullow Agrees To End Royalty Deed And Back-In Rights In Kenya Shares Purchase Agreement For $9 Mln Additional Consideration

BRIEF-Tullow Agrees To End Royalty Deed And Back-In Rights In Kenya Shares Purchase Agreement For $9 Mln Additional Consideration

- Tullow Oil PLC TLW.L:

  • TULLOW OIL - TO TERMINATE ROYALTY DEED AND BACK-IN RIGHTS FOR $9 MILLION ADDITIONAL CONSIDERATION

  • TULLOW OIL - INCREASES CONSIDERATION FOR TULLOW KENYA B.V. SHARES BY $9 MILLION

  • TULLOW OIL - TRANCHE C $40 MILLION PAYABLE TO TULLOW BY 30 JUNE 2033 REMAINS UNCHANGED

Source text: ID:nRSM1474Ma

Further company coverage: TLW.L


((Reuters.Briefs@thomsonreuters.com;))

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