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TLW

3.44%
NEUTRAL

Tullow Oil Director Increases Stake

Why we think this is neutral

This RNS announcement is a routine Director/PDMR Shareholding update, which does not contain any significant news about the company's operations, financials, or outlook. While director share purchases can be seen as a positive signal, the overall impact on the company is likely to be minimal.

Key Points

  • Non-Executive Director Roald Goethe has purchased 150,000 ordinary shares in Tullow Oil

Summary

The oil and gas company has announced a director has purchased additional shares.

Tullow Oil plc has announced that Non-Executive Director Roald Goethe has purchased 150,000 ordinary shares in the company at a price of £0.144 per share.

DIRECTOR DEALINGS