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IN BRIEF: Tullow to delist from Euronext Dublin to help reduce costs

ALN

Tullow Oil PLC - London-based oil and gas exploration company - Applies to delist its ordinary shares of 10 pence each from Euronext Dublin, Ireland's main stock exchange. Tullow will remain listed on the London Stock Exchange and the Ghana Stock Exchange. The delisting from Ireland will not affect those listings. Tullow says ‘the delisting will simplify compliance and regulatory obligations’ and aligns with an ‘overall objective to reduce central costs and its purpose.’ Expected to take effect on October 10.

Current stock price: 49.86, up 1.80% on Monday

12-month change: up 14%

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