Last checked at 11 Mar 2019 14:15
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Paul McDade | |
2 | Reason for the notifications | ||
a) | Position/status | CEO | |
b) | Initial notifications /Amendments | Initial notifications | |
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 instruments, type of instruments Identification code | (1) TIP nil-consideration options granted 18 February 2015, 19 February 2014 (2) DSBP nil-consideration options granted 22 March 2013, 21 March 2012, 18 March 2011, 17 March 2010, 18 March 2009 (3) PSP nil-consideration options granted 17 March 2010, 18 March 2009 (4) Ordinary shares of 10p each in Tullow Oil plc GB0001500809 | |
b) | Nature of the transactions | (1) (2) (3) Exercise of vested awards (4) Sale of ordinary shares to cover tax obligations arising from the exercise of vested options | |
c) | Price(s) and volume(s) | Price(s) (1) nil (2) nil (3) nil (2) £2.28037 | Volume(s) (1) 119,016 (2) 125,835 (3) 131,784 (4) 177,463 |
d) | Aggregated information - Aggregated volume
- Price | (1) (2) (3) Total options exercised: 376,635 (4) Told shares sold: 177,363
(1) (2) (3) nil (4) £404,681.30 | |
e) | Date of the transactions | 07.03.2019 | |
f) | Place of the transactions | (1) (2) (3) Outside a trading venue; (4) XLON | |
Name of officer of issuer responsible for making notification: Adam Holland Date of notification: 11.03.2019 |