Serica Energy Regulatory News (SQZ)

FORM 8.3

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:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

SERICA ENERGY PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

13 Mar 2025

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

ENQUEST PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

USD 0.10 ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

2,314,809

0.59%

3,191,245

0.82%

(2)

Cash-settled derivatives:

and/or controlled:

2,618,891

0.67%

1,876,289

0.48%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,933,700

1.26%

5,067,534

1.30%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

USD 0.10 ordinary

Purchase

59,585

1.3050 GBP

USD 0.10 ordinary

Purchase

43,097

1.2925 GBP

USD 0.10 ordinary

Purchase

35,800

1.3007 GBP

USD 0.10 ordinary

Purchase

33,625

1.2984 GBP

USD 0.10 ordinary

Purchase

32,179

1.3000 GBP

USD 0.10 ordinary

Purchase

23,357

1.3002 GBP

USD 0.10 ordinary

Purchase

21,964

1.2995 GBP

USD 0.10 ordinary

Purchase

16,360

1.2958 GBP

USD 0.10 ordinary

Purchase

14,942

1.2961 GBP

USD 0.10 ordinary

Purchase

12,308

1.2913 GBP

USD 0.10 ordinary

Purchase

8,500

1.2851 GBP

USD 0.10 ordinary

Purchase

5,889

1.2867 GBP

USD 0.10 ordinary

Purchase

5,222

1.2897 GBP

USD 0.10 ordinary

Purchase

4,816

1.2904 GBP

USD 0.10 ordinary

Purchase

4,546

1.2894 GBP

USD 0.10 ordinary

Purchase

3,142

1.2971 GBP

USD 0.10 ordinary

Purchase

1,041

1.2952 GBP

USD 0.10 ordinary

Purchase

799

1.2955 GBP

USD 0.10 ordinary

Purchase

630

1.2970 GBP

USD 0.10 ordinary

Purchase

588

1.2920 GBP

USD 0.10 ordinary

Purchase

386

1.2938 GBP

USD 0.10 ordinary

Purchase

216

1.2960 GBP

USD 0.10 ordinary

Sale

94,927

1.3000 GBP

USD 0.10 ordinary

Sale

73,994

1.3015 GBP

USD 0.10 ordinary

Sale

39,585

1.2893 GBP

USD 0.10 ordinary

Sale

35,800

1.3007 GBP

USD 0.10 ordinary

Sale

33,312

1.2919 GBP

USD 0.10 ordinary

Sale

12,180

1.2922 GBP

USD 0.10 ordinary

Sale

11,672

1.2934 GBP

USD 0.10 ordinary

Sale

5,038

1.2999 GBP

USD 0.10 ordinary

Sale

3,196

1.2966 GBP

USD 0.10 ordinary

Sale

2,425

1.3065 GBP

USD 0.10 ordinary

Sale

740

1.2950 GBP

USD 0.10 ordinary

Sale

732

1.3019 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

USD 0.10 ordinary

SWAP

Increasing Long

33,312

1.2919 GBP

USD 0.10 ordinary

SWAP

Increasing Long

502

1.2950 GBP

USD 0.10 ordinary

SWAP

Increasing Long

5,038

1.2999 GBP

USD 0.10 ordinary

SWAP

Increasing Long

8,070

1.3000 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

12,308

1.2913 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

3,376

1.2921 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

1,903

1.2944 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

5,500

1.2947 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

14,942

1.2961 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

5,886

1.2988 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

17,857

1.3019 GBP

USD 0.10 ordinary

CFD

Decreasing Short

430

1.2939 GBP

USD 0.10 ordinary

CFD

Decreasing Short

12,987

1.2946 GBP

USD 0.10 ordinary

CFD

Decreasing Short

35,800

1.3007 GBP

USD 0.10 ordinary

CFD

Increasing Short

12,483

1.2920 GBP

USD 0.10 ordinary

CFD

Increasing Short

1,175

1.2950 GBP

USD 0.10 ordinary

CFD

Increasing Short

1,041

1.2951 GBP

USD 0.10 ordinary

CFD

Increasing Short

1,033

1.2954 GBP

USD 0.10 ordinary

CFD

Increasing Short

4,341

1.3000 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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 exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

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 of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

14 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213