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:

07 Apr 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:

1,759,244

0.45%

2,678,214

0.68%

(2)

Cash-settled derivatives:

and/or controlled:

2,445,243

0.62%

1,478,761

0.38%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,204,487

1.07%

4,156,975

1.06%

(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

159,984

1.1795 GBP

USD 0.10 ordinary

Purchase

144,427

1.2100 GBP

USD 0.10 ordinary

Purchase

67,066

1.1987 GBP

USD 0.10 ordinary

Purchase

41,704

1.2184 GBP

USD 0.10 ordinary

Purchase

37,218

1.1931 GBP

USD 0.10 ordinary

Purchase

34,288

1.1996 GBP

USD 0.10 ordinary

Purchase

15,852

1.2140 GBP

USD 0.10 ordinary

Purchase

15,600

1.2122 GBP

USD 0.10 ordinary

Purchase

11,051

1.1976 GBP

USD 0.10 ordinary

Purchase

10,000

1.2200 GBP

USD 0.10 ordinary

Purchase

9,038

1.2137 GBP

USD 0.10 ordinary

Purchase

8,149

1.2021 GBP

USD 0.10 ordinary

Purchase

7,322

1.2130 GBP

USD 0.10 ordinary

Purchase

4,557

1.1974 GBP

USD 0.10 ordinary

Purchase

1,935

1.1929 GBP

USD 0.10 ordinary

Purchase

514

1.2120 GBP

USD 0.10 ordinary

Purchase

345

1.2070 GBP

USD 0.10 ordinary

Purchase

345

1.2150 GBP

USD 0.10 ordinary

Purchase

345

1.1790 GBP

USD 0.10 ordinary

Purchase

179

1.2099 GBP

USD 0.10 ordinary

Sale

279,409

1.1874 GBP

USD 0.10 ordinary

Sale

76,170

1.2064 GBP

USD 0.10 ordinary

Sale

44,000

1.1994 GBP

USD 0.10 ordinary

Sale

39,095

1.2116 GBP

USD 0.10 ordinary

Sale

36,065

1.2100 GBP

USD 0.10 ordinary

Sale

35,272

1.2127 GBP

USD 0.10 ordinary

Sale

35,036

1.1823 GBP

USD 0.10 ordinary

Sale

30,052

1.1880 GBP

USD 0.10 ordinary

Sale

29,518

1.2106 GBP

USD 0.10 ordinary

Sale

27,725

1.2224 GBP

USD 0.10 ordinary

Sale

20,821

1.1885 GBP

USD 0.10 ordinary

Sale

12,511

1.2114 GBP

USD 0.10 ordinary

Sale

8,091

1.2141 GBP

USD 0.10 ordinary

Sale

6,430

1.2140 GBP

USD 0.10 ordinary

Sale

5,600

1.2090 GBP

USD 0.10 ordinary

Sale

5,177

1.1983 GBP

USD 0.10 ordinary

Sale

1,568

1.2132 GBP

USD 0.10 ordinary

Sale

1,334

1.1830 GBP

USD 0.10 ordinary

Sale

912

1.2240 GBP

USD 0.10 ordinary

Sale

873

1.2080 GBP

USD 0.10 ordinary

Sale

514

1.2120 GBP

USD 0.10 ordinary

Sale

345

1.1790 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

Decreasing Long

9,511

1.1996 GBP

USD 0.10 ordinary

SWAP

Increasing Long

1,853

1.1719 GBP

USD 0.10 ordinary

SWAP

Increasing Long

35,036

1.1823 GBP

USD 0.10 ordinary

SWAP

Increasing Long

1,334

1.1830 GBP

USD 0.10 ordinary

SWAP

Increasing Long

30,052

1.1880 GBP

USD 0.10 ordinary

SWAP

Increasing Long

12,745

1.1949 GBP

USD 0.10 ordinary

SWAP

Increasing Long

4,901

1.1975 GBP

USD 0.10 ordinary

SWAP

Increasing Long

25,581

1.2100 GBP

USD 0.10 ordinary

SWAP

Increasing Long

276

1.2119 GBP

USD 0.10 ordinary

SWAP

Increasing Long

35,272

1.2127 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

27,913

1.1884 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

5,186

1.2068 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

9,305

1.2072 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

1

1.2140 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

3,305

1.2278 GBP

USD 0.10 ordinary

CFD

Increasing Long

1,969

1.2064 GBP

USD 0.10 ordinary

CFD

Decreasing Long

546

1.1944 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:

08 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213