Tullow Oil plc reported option exercises and further purchases by directors of a total 7,565,289 ordinary shares each of 10 pence in the company.
PURCHASES
Non-executive director (NED) Roald Goethe yesterday bought 200,000 shares each at an average price of 27 pence for £55,994.
On 28 June, NED Sheila Khama purchased 32,900 shares each at a price of 27.8 pence for £10,842.
OPTIONS
On 28 June, chief executive officer Rahul Dhir and chief financial officer Richard Miller exercised nil price options granted under Tullow’s executive share plan 2023, approved by shareholders on 24 May.
Mr Dhir acquired 4,605,929 shares and Mr Miller acquired 2,726,460 shares.
The performance period for the grant is 2023 to 2025.