Block Listing Application
Tullow Oil plc has applied to the London Stock Exchange for a block admission of 18,000,000 ordinary shares of 10p each, expected to be effective around 27 May 2026. These new shares will be issued to satisfy options exercised under the Company's Employee Share Award Plan, accounting for 8,000,000 shares, and the Tullow Incentive Plan, accounting for 10,000,000 shares. The newly issued shares will be fully paid and will rank equally with existing ordinary shares.
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A block listing application has been made to the London Stock Exchange for trading on the main market for a block admission of 18,000,000 ordinary shares of 10p each in the Company.
The new ordinary shares will be issued from time to time to satisfy the issue of shares pursuant to the exercise of options under the Company's Employee Share Award Plan (8,000,000) and the Tullow Incentive Plan (10,000,000).
It is expected that admission will become effective on or around 27 May 2026. The shares will be issued fully paid and will rank pari passu in all respects with the existing issued Ordinary Shares of the Company.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.