logo-loader
RNS
viewTullow Oil PLC

Tullow Oil PLC - General Meeting Resolution

RNS Number : 1138T
Tullow Oil PLC
15 July 2020
 

TULLOW OIL PLC

(Registered no. 03919249)

(the "Company")

 

At the General Meeting of the Company held on 15 July 2020 at 9 Chiswick Park, 566 Chiswick High Road, London, W4 5XT, the shareholders of the Company passed the following resolution (other than ordinary business), which the Company has filed with Euronext Dublin and announces in accordance with Euronext Listing Rule 13.3.5.

Ordinary resolution

THAT:

(a)  the proposed sale by the Company of its entire interests in: (i) the production sharing agreements for Block 1, Block 1A, Block 2 and Block 3A in Uganda and the licences and certain other contracts related thereto; and (ii) the proposed East African Crude Oil Pipeline (EACOP) System and associated facilities, as described in the Circular and substantially on the terms and subject to the conditions of the agreement for the sale and purchase dated 23 April 2020 between Tullow Uganda Limited, Tullow Uganda Operations Pty Ltd, the Company and Total E&P Uganda B.V. (the "SPA") and all other agreements and ancillary documents contemplated by the SPA, be and are hereby approved for the purposes of Chapter 10 of the Listing Rules; and

 

(b)  the directors of the Company (the "Directors") (or any duly authorised committee thereof) be and are hereby authorised to take all necessary, expedient or desirable steps and to do all necessary, expedient or desirable things to implement, complete or to procure the implementation or completion of the Transaction and any matters incidental to the Transaction and to give effect thereto with such modifications, variations, revisions, waivers or amendments (not being modifications, variations, revisions, waivers or amendments of a material nature by reference to Listing Rule 10.5.2) as the Directors (or any duly authorised committee thereof) may deem necessary, expedient or desirable in connection with the Transaction and any matters incidental to the Transaction.

 

Adam Holland
Company Secretary
Tullow Oil plc

 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
ISERAMTTMTABBRM

Quick facts: Tullow Oil PLC

Price: 20.52

Market: LSE
Market Cap: £289.78 m
Follow

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE