Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAngus Energy Regulatory News (ANGS)

Share Price Information for Angus Energy (ANGS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.375
Bid: 0.35
Ask: 0.40
Change: 0.00 (0.00%)
Spread: 0.05 (14.286%)
Open: 0.375
High: 0.375
Low: 0.375
Prev. Close: 0.375
ANGS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Form 8.3 - Angus Energy Plc

20 Jan 2022 15:04

RNS Number : 1414Z
Angus Energy PLC
20 January 2022
 

 

THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER CODE AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER MIGHT BE MADE.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR.

 

20 January 2022

 

Angus Energy Plc 

("Angus Energy", "Angus" or the "Company")

Form 8.3 Notification

 

The Company has received the following Form 8.3 Notification set out below without amendment.

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

 

1. KEY INFORMATION

 

(a) Full name of discloser:

Jonathan Tidswell-Pretorius

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Angus Energy Plc

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

N/A

(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

20 January 2022

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

NO

 

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

 

Class of relevant security:

 

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

27,750,000

2.54%

(2) Cash-settled derivatives:

 

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

 

TOTAL:

27,750,000

2.54%

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b) Rights to subscribe for new securities (including directors' and other employee options)

 

Class of relevant security in relation to which subscription right exists:

Ordinary Shares

Details, including nature of the rights concerned and relevant percentages:

11,399,606 Options as follows:

· 4,299,606 exercise price £0.06 lapsing 13/11/2026

· 2,000,000 exercise price £0.08 lapsing 22/08/2028

· 3,100,000 exercise price £0.02 lapsing 15/07/2029

· 2,000,000 exercise price £0.015 lapsing 3/02/2031

 

 

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a) Purchases and sales

 

Class of relevant security

Purchase/sale

 

Number of securities

Price per unit

 

 

 

(b) Cash-settled derivative transactions

 

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

 

 

 

(c) Stock-settled derivative transactions (including options)

 

(i) Writing, selling, purchasing or varying

 

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

 

(ii) Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

 

 

(d) Other dealings (including subscribing for new securities)

 

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

 

 

 

 

4. OTHER INFORMATION

 

(a) Indemnity and other dealing arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

 

 

 

 

(b) Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

 

 

 

 

(c) Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

Date of disclosure:

20 January 2022

Contact name:

Jonathan Tidswell-Pretorius

Telephone number*:

 020 7808 7000

 

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

 

END.

 

Enquiries:

Angus Energy Plc

www.angusenergy.co.uk

George Lucan

Tel: +44 (0) 208 899 6380

 

 

Beaumont Cornish (Nomad)

www.beaumontcornish.com

James Biddle/ Roland Cornish

Tel: +44 (0) 207 628 3396

 

 

WH Ireland Limited (Broker)

 

Katy Mitchell/ Harry Ansell

Tel: +44 (0) 113 394 6600

 

 

Flagstaff PR/IR

angus@flagstaffcomms.com

Tim Thompson

Tel: +44 (0) 207 129 1474

Fergus Mellon

 

Aleph Commodities

info@alephcommodities.com

 

Notes

 

About Angus Energy plc

Angus Energy plc is a UK AIM quoted independent onshore Energy Transition company with a complementary portfolio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields. Angus is focused on becoming a leading onshore UK diversified clean energy and energy infrastructure company. Angus Energy has a 51% interest in the Saltfleetby Gas Field (PEDL005), majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244).

 

Important Notices

This announcement contains 'forward-looking statements' concerning the Company that are subject to risks and uncertainties. Generally, the words 'will', 'may', 'should', 'continue', 'believes', 'targets', 'plans', 'expects', 'aims', 'intends', 'anticipates' or similar expressions or negatives thereof identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the Company's ability to control or estimate precisely. The Company cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this announcement. The Company does not undertake any obligation to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new information, future events or otherwise, except to the extent legally required.

Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of the Company.

This announcement is not intended to, and does not, constitute or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction. Any offer (if made) will be made solely by certain offer documentation which will contain the full terms and conditions of any offer (if made), including details of how such offer may be accepted. This announcement has been prepared in accordance with English law and the Code, and information disclosed may not be the same as that which would have been prepared in accordance with laws outside of the United Kingdom. The release, distribution or publication of this announcement in jurisdictions outside of the United Kingdom may be restricted by laws of the relevant jurisdictions, and therefore persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the FCA, is acting as Nominated Adviser and Financial Adviser to Angus and for no one else in connection with any matter referred to in this announcement and will not be responsible to anyone other than Angus for providing the protections afforded to its clients nor for providing advice in relation to any matters set out in this Announcement

Publication on Website

A copy of this announcement will be made available at www.angusenergy.co.uk no later than 12:00 noon (London time) on 18 January 2022 (being the business day following the date of this announcement) in accordance with Rule 26.1 of the Takeover Code. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RETSESFISEESESF
Date   Source Headline
27th Mar 20247:00 amRNSInvestor Presentation
22nd Mar 20247:00 amRNSBoard Changes
19th Mar 20247:30 amRNSInvestor Presentation
19th Mar 20247:00 amRNSAnnual Report and Accounts and Notice of AGM
14th Mar 202412:42 pmRNSResult of Meeting
13th Mar 20249:26 amRNSUpdate regarding the forthcoming GM
6th Mar 20247:00 amRNSIssuance of Fee Shares and TVR
27th Feb 20245:02 pmRNSNotice of General Meeting (“GM”)
22nd Feb 20247:04 amRNSSaltfleetby Gas Storage MOU
22nd Feb 20247:03 amRNS£20 million Financing Facility drawn down
19th Feb 20245:38 pmRNSShort term extension to £6m Bridge Facility
19th Jan 20248:01 amRNSUpdate on Financing and Options Award
8th Jan 20247:00 amRNSFourth Quarter 2023 Production
20th Dec 20237:17 amRNS£20 million Global Refinance
14th Nov 20232:03 pmRNSHolding(s) in Company
8th Nov 20235:27 pmRNSHolding(s) in Company
6th Nov 20231:04 pmRNSSaltfleetby Field Update
30th Oct 20233:51 pmRNSResults of General Meeting, Issue of Equity & TVR
25th Oct 202310:38 amRNSUpdate regarding forthcoming General Meeting
17th Oct 20237:30 amRNSBalcombe Oil Field Update
17th Oct 20237:00 amRNSUpdated Saltfleetby CPR
12th Oct 20237:00 amRNSNotice of General Meeting
12th Oct 20237:00 amRNSUpdate on Board Changes
5th Oct 20233:41 pmRNSTotal Voting Rights
3rd Oct 20237:00 amRNSThird Quarter Production and Operations Update
28th Sep 202310:23 amRNSEquitisation of £3m Junior Bridge Facility
18th Sep 20231:32 pmRNSIssuance of Lender Shares & TVR
15th Aug 20237:00 amRNSUpdate on Board Changes
14th Aug 20237:55 amRNSDirector/PDMR Shareholding
14th Aug 20237:53 amRNSDirector/PDMR Shareholding
21st Jul 20234:43 pmRNSFinancing, Corporate Update, Issue of Equity & TVR
14th Jul 20233:44 pmRNSUpdate on Financing and Board Change
11th Jul 20236:12 pmRNSUpdate on Holdings in Company
10th Jul 20233:45 pmRNSProposed £6m bridge financing Update
6th Jul 20237:00 amRNSRemedial Engine Maintenance
3rd Jul 202312:57 pmRNSHolding(s) in Company
3rd Jul 202312:56 pmRNSHolding(s) in Company
3rd Jul 202310:28 amRNSQuarterly Flow Rates Update and Summer Maintenance
30th Jun 202310:59 amRNSInterim Results and Proposed Bridge Financing
12th Jun 20239:41 amRNSSaltfleetby: Pipe Inspection & Summer Maintenance
30th May 20237:00 amRNSSaltfleetby Field: Production and Pricing Update
15th May 20237:00 amRNSSaltfleetby Field: Production Ramp Up
4th May 20235:27 pmRNSTotal Voting Rights
2nd May 20231:00 pmRNSSaltfleetby Field: Commissioning of B7T Well
21st Apr 20235:29 pmRNSHolding(s) in Company
19th Apr 20237:00 amRNSFinalisation of Management Changes & Options issue
18th Apr 20234:30 pmRNSDirector/PDMR Shareholding
18th Apr 20237:00 amRNSSaltfleetby Sidetrack Well Test Results
13th Apr 20237:00 amRNSDirector/PDMR Shareholding
4th Apr 20233:58 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.