Business
Publication of Prospectus
Publication of Prospectus.
About this update from Tullow Oil Plc
[{"type":"text","content":"\n \nRNS Number : 8539Z Tullow Oil PLC 17 March 2017 \n\nNews Release\n \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, JAPAN, NEW ZEALAND, GHANA, THE PEOPLE'S REPUBLIC OF CHINA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW. PLEASE SEE THE IMPORTANT NOTICE BELOW.\n \nTHIS ANNOUNCEMENT IS AN ADVERTISEMENT AND DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT. NOTHING HEREIN SHALL CONSTITUTE AN OFFERING OF NIL PAID RIGHTS, FULLY PAID RIGHTS OR NEW ORDINARY SHARES. NOTHING IN THIS ANNOUNCEMENT SHOULD BE INTERPRETED AS A TERM OR CONDITION OF THE RIGHTS ISSUE. ANY DECISION TO PURCHASE, SUBSCRIBE FOR OR OTHERWISE ACQUIRE, SELL OR DISPOSE OF ANY NIL PAID RIGHTS, FULLY PAID RIGHTS OR NEW ORDINARY SHARES MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS PUBLISHED TODAY IN CONNECTION WITH THE RIGHTS ISSUE. COPIES OF THE PROSPECTUS WILL SHORTLY BE AVAILABLE FROM THE REGISTERED OFFICE OF TULLOW OIL PLC AND ON ITS WEBSITE AT WWW.TULLOWOIL.COM.\n \n \nTullow Oil plc\n \nPublication of Prospectus\n \n17 March 2017 - Further to the announcement earlier today by Tullow Oil plc (the \"Company\") regarding the fully underwritten Rights Issue to raise approximately £607 million (equivalent to $750 million at an exchange rate of £1.00 = $1.2363 on 16 March 2017) (before expenses), the Company announces that the Prospectus in relation to the Rights Issue has been approved by the UK Listing Authority.\n \nSubject to certain exceptions, Shareholders will shortly be sent a copy of the Prospectus or notification of the availability of the Prospectus. The Prospectus will also be made available on the Company's website, www.tullowoil.com, and will be submitted to the National Storage Mechanism where it will be available for inspection at www.morningstar.co.uk/uk/NSM. The Prospectus is not, subject to certain exceptions, available (whether through the Company's website or otherwise) to Shareholders in the United States or any of the Restricted Territories.\n \nThe Prospe...