REG - Tullow Oil PLC Deutsche Bank AG - Holding(s) in Company <Origin Href="QuoteRef">DBKGn.DE</Origin> <Origin Href="QuoteRef">TLW.L</Origin>
RNS Number : 0020ATullow Oil PLC20 March 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:16/03/2017
6. Date on which issuer notified:
20/03/2017
7. Threshold(s) that is/are crossed or
reached:Above 9%
8. Notified details:
A: Voting rights attached to shares
Class/type of
shares
if possible using
the ISIN CODESituation previous
to the triggering
transactionResulting situation after the triggering transaction
Number
of
SharesNumber
of
Voting
RightsNumber
of sharesNumber of voting
rights% of voting rights
Direct
Direct
Indirect
Direct
Indirect
GB0001500809
26,539,552
26,539,552
31,599,649
31,599,649
0
3.46%
0
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrumentExpiration
dateExercise/
Conversion PeriodNumber of voting
rights that may be
acquired if the
instrument is
exercised/ converted.% of voting
rightsRight To Recall
Call Option
15-Dec-17
7,449,733
10,748,000
0.81%
1.18%
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrumentExercise price
Expiration date
Exercise/
Conversion periodNumber of voting rights instrument refers to
% of voting rights
Swaps
Put Option
03-Jul-18
15-Dec-17
23,665,399
10,000,000
Nominal
Delta
2.59%
1.09%
2.59%
1.09%
Total (A+B+C)
Number of voting rights
Percentage of voting rights
83,462,781
9.13%
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 - 9.13%
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 plc15. Contact telephone number:
020 3249 9000
This information is provided by RNSThe company news service from the London Stock ExchangeENDHOLDBLFLDXFLBBL
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