29th Mar 2006 17:41
Tullow Oil PLC29 March 2006 Tullow Oil plc 29 March 2006 Director Declaration. Further to the announcement made today concerning the appointment of Paul McDadeas an executive director, Tullow Oil plc (the 'Company') makes the followingregulatory disclosures: 1 There is no information relating to Mr McDade which is required todisclosed under Rule 9.6.13 of the UKLA Listing Rules or Rule 6.6.13 of theIrish Stock Exchange Listing Rules. 2 At the date of his appointment as director on 29 March 2006, MrMcDade's interests in the share capital of the Company were as follows: a) Mr McDade is benefically interested in 15,578 ordinary shares of 10peach ("Ordinary Shares") representing 0.002% of the Company's issued sharecapital. b) In addition, Mr McDade also holds options over 420,000 OrdinaryShares granted under the Tullow Oil 2000 Executive Share Option Scheme (150,000 optionsgranted at an exercise price of 95p per share on 18 June 2001; 50,000 optionsgranted at 80p per share on 10 October 2001 and 220,000 options granted at 95pper share on 6 October 2003; the vesting of the last of these being subject to aspecified performance condition). He also has a conditional award of 188,571Ordinary Shares granted on 29 June 2005 under the Tullow Oil 2005 PerformanceShare Plan; the vesting of this award is subject to the satisfaction ofperformance conditions. c) Separately, Mr McDade also holds 4,470 Ordinary Shares under theterms of the Tullow Oil UK Share Incentive Plan. -ENDS- This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Tullow Oil