In view of the fall in the oil price, the Board suspended the payment of dividends in early 2015. At a time when Tullow is focusing on capital allocation, financial flexibility and cost reductions, the Board believes that Tullow and its shareholders are better served by retaining funds in the business.
UK and Eurozone
Dividends are declared in UK pounds Sterling, but are also payable in Euro. Shareholders with registered addresses in the UK are paid their dividends in pounds Sterling by default. Those with registered addresses in European countries which have adopted the Euro will be paid in Euros. Such shareholders may, however, elect to be paid their dividends in either pounds Sterling or Euro, provided such election is received by the record date for the dividend.
Shareholders with registered addresses in all other countries will be paid in pounds Sterling. Most overseas shareholders may be eligible to sign up for the global payments service which allows dividends to be paid directly into a shareholder bank account in their local currency.
All shareholders except Ghana
Computershare Investor Services PLC
PO Box 82
BS99 6ZZ, UK
Central Securities Depository Ghana Limited (CSD)
PMB CT 465
Accra - Ghana