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Tullow Oil plc announced on March 16, 2023, that its CEO, Rahul Dhir, and CFO, Richard Miller, were granted nil price options relating to ordinary shares. These grants, made on March 13, 2023, pursuant to the Tullow Incentive Plan, comprised 1,104,269 options for Mr. Dhir and 280,576 options for Mr. Miller.
| Date | 16 Mar 2023 |
| Time | 09:00:01 |
| Category | Director/PDMR dealings |
| ID | 1360T |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
(1) Rahul Dhir (CEO) (2) Richard Miller (CFO) |
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2 |
Reason for the notification |
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a) |
Position/status |
As per 1(a) |
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b) |
Initial notifications /Amendments |
Initial notifications |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Tullow Oil plc |
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b) |
LEI |
2138003EYHWO75RKS857 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Nil price options relating to ordinary shares of 10p each, granted pursuant to the Tullow Incentive Plan.
GB0001500809 |
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b) |
Nature of the transactions |
Grant of nil price options pursuant to the rules of the Tullow Incentive Plan. |
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c) |
Price(s) and volume(s) |
Price(s) Nil |
Volume(s) (1) 1,104,269 (2) 280,576 |
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d) |
Aggregated information - Aggregated volume
- Price |
(1) 1,104,269 (2) 280,576
Nil |
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e) |
Date of the transactions |
13.03.2023 |
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f) |
Place of the transactions |
Outside a trading venue |
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Name of officer of issuer responsible for making notification: Adam Holland Date of notification: 16.03.2023 |