Tullow rights response good

Tullow Oil has got a good response from its shareholders to its £30 million rights issue, with shareholders taking up just over…

Tullow Oil has got a good response from its shareholders to its £30 million rights issue, with shareholders taking up just over 90 per cent of the shares on offer. The 3.8 million shares not taken up in the rights issue have been placed in the market by Riada at a premium of 6p over the 771/2p rights issue price.

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