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Tullow Oil PLC - Director/PDMR Shareholding

RNS Number : 5967Z
Tullow Oil PLC
03 September 2018
 

3 September 2018

 

NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Les Wood

2

Reason for the notification

a)

Position/status

CFO

b)

Initial notification /Amendment

Initial notification

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 instruments, type of instruments

 



Identification code

(1) Tullow Incentive Plan nil-consideration awards granted 18 February 2015

(2) Employee Share Awards Plan nil-consideration awards granted 19 February 2014 and 6 August 2015

(3) Ordinary shares of 10p each in Tullow Oil plc

GB00BF0BYM74

b)

Nature of the transactions

(1) (2) Exercise of vested awards

(3) Sale of ordinary shares to cover tax obligations arising from the exercise of vested awards

c)

Prices and volumes

Price(s)

(1) nil

(2) nil

(3) £2.339

Volume(s)

(1) 31,390

(2) 82,601

(3) 53,711

d)

Aggregated information

- Aggregated volume

 

- Price

 

Total awards exercised: 113,991

Total shares sold: 53,711

Price of awards exercised: nil

Price of shares sold: £125,630.03

e)

Date of the transactions

30 August 2018

f)

Place of the transactions

(1) (2) Outside a trading venue

(3) London Stock Exchange (XLON)

 


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Quick facts: Tullow Oil PLC

Price: 24.43

Market: LSE
Market Cap: £344.23 m
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