19th Jan 2007 17:09
Tullow Oil PLC19 January 2007 Tullow Oil plc ('Tullow' or 'the Company') Awards of Shares under the Company's 2005 Deferred Share Bonus Plan Under annual bonus arrangements agreed in 2005, part of the annual performancerelated bonus of the executive directors of Tullow is satisfied by the award ofshares under the Tullow Oil 2005 Deferred Share Bonus Plan ('Plan'). The Companyannounces in respect of the 2006 annual bonus that, on 18 January 2007, each ofthe following executive directors were granted awards over the number ofordinary shares of 10p each set out below under the terms of the Plan. In respect of the executive directors this notification is made in accordancewith DR 3.1.4R (1)(a) and (b). Number of Deferred Share Bonus Plan Cumulative number of Deferred shares awarded 18 January 2007 Share Bonus Plan shares awarded Aidan Heavey 42,714 63,702Tom Hickey 27,220 40,128Graham Martin 25,126 38,034Matthew O'Donoghue 2,147 15,324Paul McDade 7,260 27,066 The awards granted on 18 January 2007 will normally vest on 1 January 2010subject to continued employment. No consideration was paid for any of the awardsand no consideration is due on vesting. Enquiries Tom Hickey Tullow Oil plc + 44 207 333 6800 19 January 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Tullow Oil