27th Feb 2018 16:34
27 February 2018
NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Angus McCoss | |
2 | Reason for the notification | ||
a) | Position/status | Exploration Director | |
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) Tullow Incentive Plan nil-consideration awards granted 19 February 2014 (2) Ordinary shares of 10p each in Tullow Oil plcGB00BF0BYM74 | |
b) | Nature of the transaction | (1) Exercise of vested awards (2) 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) £1.8965 | Volume(s) (1) 68,334 (2) 32,198 |
d) | Aggregated information - Aggregated volume
- Price |
Total awards exercised: 68,334 Total shares sold: 32,198 Price of awards exercised: nil Price of shares sold: £61,063.51 | |
e) | Date of the transaction | 26 February 2018 | |
f) | Place of the transaction | (1) Outside a trading venue (2) London Stock Exchange (XLON) | |
Related Shares:
Tullow Oil