5th Jul 2005 17:59
Tullow Oil PLC05 July 2005 Tullow Oil plc 5 July 2005 Tullow Oil plc ('Tullow' or 'the Company') Awards of Shares under the Company's 2005 Performance Share Plan The Company announces that on 29 June 2005, each of the following executivedirectors and Persons Discharging Managerial Responsibility (PDMRs)were grantedconditional awards over the number of ordinary shares of 10p each set out belowunder the terms of the Tullow Oil 2005 Performance Share Plan (PSP): PDMR Number of Conditional Shares Awarded Aidan Heavey 347,755Tom Hickey 213,877Graham Martin 213,877 Matt O'Donoghue 188,571 188,571Adrian Nel 188,571Paul McDade The awards will normally vest on 29 June 2008 subject to continued employmentand the satisfaction of performance conditions. No consideration was paid forany of the awards. As a result of the above, the interests of the relevant executive directors arenow as follows: Aidan Heavey - 9,177,985 shares (comprising 6,000,000 ordinary shares, 2,830,230executive options and 347,755 PSP shares) Tom Hickey - 1,628,125 shares (comprising 100,000 ordinary shares, 4,248 SIPshares, 1,310,000 executive options and 213,877 PSP shares) Graham Martin - 3,528,090 shares (comprising 436,005 ordinary shares, 3,782 SIPshares, 2,874,426 executive options and 213,877 PSP shares) Matt O'Donoghue - 3,647,818 shares (comprising 1,590,857 ordinary shares,1,868,390 executive options and 188,571 PSP shares) Adrian Nel - 393,571 shares (comprising 205,000 executive options and 188,571PSP shares) Enquiries Tom Hickey Tullow Oil plc + 44 207 333 6800 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