Holding(s) in Company

RNS Number : 5771D

Tullow Oil PLC

03 December 2009

 

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

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

An event changing the breakdown of voting rights:    ( )

Other (please specify):   (   )

3. Full name of person(s) subject to the notification obligation :

BlackRock, Inc.

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

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

1 December 2009

6. Date on which issuer notified:

   3 December 2009

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

   Holding gone above 12%.  

On 1 December 2009, the Barclays Global Investors (BGI) business was acquired by BlackRock, Inc. The combined holdings of BlackRock, Inc. following this acquisition triggered this disclosure requirement.

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
Ord 10p GB0001500809	Number of shares 79,397,756	Number of Voting Rights 79,397,756

Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights
	Direct	Direct	Indirect	Direct	Indirect
Ord 10p  GB0001500809	N/A	N/A	101,877,635	N/A	12.67%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial instrument	Exercise Price	Exercise date xvii	Exercise / Conversion Period xviii	Number of voting rights instruments refers to	% of voting rights xix, xx
CFD				2,239,528	Nominal	Delta
					0.29%

Total (A+B+C)

Number of voting rights	% of voting rights
104,207,163	12.97%

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

BlackRock Investment Management (UK) Limited - 104,207,163 (12.97%)

On 1 December 2009, the Barclays Global Investors (BGI) business was acquired by BlackRock, Inc. The combined holdings of BlackRock, Inc. following this acquisition triggered this disclosure requirement.

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:

Richard Taylor, Deputy Company Secretary 

15. Contact telephone number:

0208 996 1000

 

END

 

 

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