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RNS Number : 5882E

Tullow Oil PLC

30 June 2023

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                  (1) Rahul Dhir (CEO) 
                                             (2) Richard Miller (CFO) 
     ------------------------------------  -------------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------------------- 
 a)   Position/status                       As per 1(a) 
     ------------------------------------  -------------------------------------------------- 
 b)   Initial notifications                 Initial notifications 
       /Amendments 
     ------------------------------------  -------------------------------------------------- 
 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                        Nil price options relating to ordinary shares 
       the financial                         of 10p each, granted pursuant to the new 
       instrument, type                      Tullow Oil plc Executive Share Plan 2023 
       of instrument                         approved by shareholders at the company's 
                                             Annual General Meeting on 24 May 2023. The 
                                             performance period for the grant is 2023-2025. 
 
       Identification                        GB0001500809 
       code 
     ------------------------------------  -------------------------------------------------- 
 b)   Nature of the                         Grant of nil price options pursuant to the 
       transactions                          rules of the Executive Share Plan. 
     ------------------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)                    Price(s)                  Volume(s) 
                                                   Nil                   (1) 4,605,929 
                                                                         (2) 2,726,460 
     ------------------------------------  ------------------  ------------------------------ 
 d)   Aggregated information 
       - Aggregated volume                   (1) 4,605,929 
                                              (2) 2,726,460 
 
       - Price                                Nil 
     ------------------------------------  -------------------------------------------------- 
 e)   Date of the transactions               28.06.2023 
     ------------------------------------  -------------------------------------------------- 
 f)   Place of the transactions             Outside a trading venue 
     ------------------------------------  -------------------------------------------------- 
 
 
 Name of officer of issuer responsible for making notification: 
  Adam Holland 
  Date of notification: 30.06.2023 
 

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