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RNS Number : 6275ETullow Oil PLC12 February 2018NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
(I) Paul McDade (CEO)
(II) Angus McCoss (Exploration Director)
(III) Les Wood (CFO)
(IV) Aidan Heavey (Non-Executive Chairman)2
Reason for the notification
a)
Position/status
As per 1(a)
b)
Initial notifications /Amendments
Initial notifications
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 the financial instrument, type of instrument
Identification code
(1) Nil price options relating to ordinary shares of 10p each and granted pursuant to the Tullow Incentive Plan
(2) Ordinary shares of 10p each
GB0001500809b)
Nature of the transactions
(1) Grant of nil price options pursuant to the rules of the Tullow Incentive Plan. The awards granted will normally vest on 8February2023.
(2) Grant of restricted ordinary shares pursuant to the rules of the Tullow Incentive Plan. The restricted shares will normally vest on 8February2023.
c)
Price(s) and volume(s)
Price(s)
(1) nil
(2) 1.8022
Volume(s)
(I) 278,628
(II) 197,082
(III) 148,802
(IV) 119,889
(IV) 194,303
d)
Aggregated information
- Aggregated volume
- Price
938,704
350,172.87
e)
Date of the transactions
(1) 08.02.2018
(2) 09.02.2018
f)
Place of the transactions
(1) Outside a trading venue
(2) XLON
Name of officer of issuer responsible for making notification: Kevin Massie
Date of notification: 12.02.2018
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHTTMITMBIBBPP
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