Source - RNS
RNS Number : 9481M
Tullow Oil PLC
19 October 2016
 

           

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

x

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:
iii

Deutsche Bank AG

4. Full name of shareholder(s)
 (if different from 3.):iv

Deutsche Bank AG, London Branch

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

14/10/2016

6. Date on which issuer notified:

18/10/2016

7. Threshold(s) that is/are crossed or
reached:
vi, vii

Above 6%, 7%



 

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

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

 

GB0001500809

25,047,967

25,047,967

24,014,099

24,014,099

0

2.63%

0



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

Right To Recall

Call option

 

 

15-Dec-17

 


 

10,891,800

10,000,000

 

 

1.19%

1.10%

 


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

Swaps

Put Option


 

 

31-Aug-17

15-Dec-17


 

 

14,866,339

10,000,000

Nominal

Delta

1.63%

1.10%

1.63%

1.10%

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

69,772,238

7.65%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

Deutsche Bank AG, London Branch - 7.65%

 


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:

Kevin Massie

Corporate Counsel & Company Secretary

Tullow Oil plc

15. Contact telephone number:

020 3249 9000

 

 

 

 

 

 

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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