22nd Dec 2017 13:00
22 December 2017
NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Aidan Heavey ("AH") JSN Investments Limited ("JSN") | |
2 | Reason for the notification | ||
a) | Position/status | Chairman (AH) A person closely associated with AH (JSN) | |
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 instrument, type of instrument Identification code | Ordinary shares of 10p each. GB0001500809 | |
b) | Nature of the transactions | Sales of ordinary shares | |
c) | Price(s) and volume(s) | Price(s) £1.915747 (AH) £1.91659 (JSN) | Volume(s) 197,059 (AH) 343,104 (JSN) |
d) | Aggregated information - Aggregated volume
- Price |
197,059 (AH) 343,104 (JSN) £377,515.09 (AH) £657,589.70 (JSN) | |
e) | Date of the transactions | 21 December 2017 | |
f) | Place of the transactions | London Stock Exchange (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Paul McDade | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Officer | |
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 instrument, type of instrument
Identification code | (1) DSBP nil-consideration awards granted 13 March 2008 (2) PSP nil-consideration awards granted 15 May 2008 (3) Ordinary shares of 10p each Tullow Oil plcGB00BF0BYM74 | |
b) | Nature of the transactions | (1) Exercise of vested awards (2) Exercise of vested awards (3) Sale of ordinary shares to cover tax obligations arising from the exercise of vested awards | |
c) | Price(s) and volume(s) | Price(s) (1) nil (2) nil (3) £1.9425 | Volume(s) (1) 17,229 (2) 94,182 (3) 52,495 |
d) | Aggregated information - Aggregated volume
- Price |
Total awards exercised: 111,411 Total shares sold: 52,495 Price of awards exercised: nil Price of shares sold: £101,971.54 | |
e) | Date of the transactions | 21 December 2017 | |
f) | Place of the transactions | London Stock Exchange (XLON) | |
Related Shares:
Tullow Oil