22nd Aug 2012 17:34
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached :
TULLOW OIL PLC
2. Reason for the notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments ( X )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation :
BlackRock, Inc.
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
20 August 2012
6. Date on which issuer notified:
22 August 2012
7. Threshold(s) that is/are crossed or reached:
Holding has gone below 11%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction |
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Ord 10pGB0001500809 | Number of shares98,379,634 | Number of Voting Rights
98,379,634 |
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Resulting situation after the triggering transaction
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Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights | |||||
Direct | Direct | Indirect | Direct | Indirect | ||||
Ord 10p GB0001500809 | N/A | N/A | 98,151,134 | N/A | 10.82%
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B: Qualifying Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument | Expiration Date (xiii) | Exercise/Conversion Period/ Date (xiv) | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
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Type of financial instrument | Exercise Price | Exercise date xvii | Exercise / Conversion Period xviii | Number of voting rights instruments refers to | % of voting rights xix, xx | |
CFD |
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1,422,208 | Nominal | Delta |
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| 0.16% | 0.16% | |||
Total (A+B+C)
Number of voting rights | % of voting rights |
99,573,342 | 10.98% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
BlackRock Investment Management (UK) Limited - 99,573,342 (10.98%)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:
Richard Taylor, Deputy Company Secretary
15. Contact telephone number:
0203 249 9385
Related Shares:
Tullow Oil