Last checked at 3 Sep 2018 13:00
3 September 2018
NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Les Wood | |
2 | Reason for the notification | ||
a) | Position/status | CFO | |
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 instruments, type of instruments
Identification code | (1) Tullow Incentive Plan nil-consideration awards granted 18 February 2015 (2) Employee Share Awards Plan nil-consideration awards granted 19 February 2014 and 6 August 2015 (3) Ordinary shares of 10p each in Tullow Oil plcGB00BF0BYM74 | |
b) | Nature of the transactions | (1) (2) Exercise of vested awards (3) Sale of ordinary shares to cover tax obligations arising from the exercise of vested awards | |
c) | Prices and volumes | Price(s) (1) nil (2) nil (3) £2.339 | Volume(s) (1) 31,390 (2) 82,601 (3) 53,711 |
d) | Aggregated information - Aggregated volume
- Price |
Total awards exercised: 113,991 Total shares sold: 53,711 Price of awards exercised: nil Price of shares sold: £125,630.03 | |
e) | Date of the transactions | 30 August 2018 | |
f) | Place of the transactions | (1) (2) Outside a trading venue (3) London Stock Exchange (XLON) | |