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:

15 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:

1,170,463

0.30%

2,813,811

0.72%

(2)

Cash-settled derivatives:

and/or controlled:

2,523,924

0.64%

1,012,086

0.26%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,694,387

0.94%

3,825,897

0.97%

(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

102,562

1.2400 GBP

USD 0.10 ordinary

Purchase

39,732

1.2372 GBP

USD 0.10 ordinary

Purchase

39,606

1.2387 GBP

USD 0.10 ordinary

Purchase

17,450

1.2420 GBP

USD 0.10 ordinary

Purchase

10,587

1.2376 GBP

USD 0.10 ordinary

Purchase

4,082

1.2320 GBP

USD 0.10 ordinary

Purchase

2,160

1.2380 GBP

USD 0.10 ordinary

Sale

165,000

1.2422 GBP

USD 0.10 ordinary

Sale

109,164

1.2383 GBP

USD 0.10 ordinary

Sale

39,765

1.2400 GBP

USD 0.10 ordinary

Sale

25,188

1.2386 GBP

USD 0.10 ordinary

Sale

9,512

1.2420 GBP

USD 0.10 ordinary

Sale

9,274

1.2409 GBP

USD 0.10 ordinary

Sale

6,422

1.2428 GBP

USD 0.10 ordinary

Sale

5,987

1.2392 GBP

USD 0.10 ordinary

Sale

5,100

1.2358 GBP

USD 0.10 ordinary

Sale

1,435

1.2346 GBP

USD 0.10 ordinary

Sale

702

1.2380 GBP

USD 0.10 ordinary

Sale

617

1.2200 GBP

USD 0.10 ordinary

Sale

530

1.2340 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

3,467

1.2350 GBP

USD 0.10 ordinary

SWAP

Increasing Long

1,633

1.2375 GBP

USD 0.10 ordinary

SWAP

Increasing Long

9,759

1.2376 GBP

USD 0.10 ordinary

SWAP

Increasing Long

5,987

1.2392 GBP

USD 0.10 ordinary

SWAP

Increasing Long

5,111

1.2400 GBP

USD 0.10 ordinary

SWAP

Increasing Long

9,512

1.2420 GBP

USD 0.10 ordinary

SWAP

Increasing Long

165,000

1.2422 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

166

1.2239 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

289

1.2240 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

4,082

1.2320 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

22,203

1.2380 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

25,876

1.2400 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

6,197

1.2401 GBP

USD 0.10 ordinary

SWAP

Decreasing Long

8,817

1.2434 GBP

USD 0.10 ordinary

CFD

Decreasing Short

668

1.2233 GBP

USD 0.10 ordinary

CFD

Opening Long

109,164

1.2383 GBP

USD 0.10 ordinary

CFD

Increasing Long

14,562

1.2386 GBP

USD 0.10 ordinary

CFD

Increasing Long

6,422

1.2428 GBP

USD 0.10 ordinary

CFD

Decreasing Long

39,732

1.2372 GBP

USD 0.10 ordinary

CFD

Decreasing Long

10,587

1.2375 GBP

USD 0.10 ordinary

CFD

Decreasing Long

7,919

1.2397 GBP

USD 0.10 ordinary

CFD

Decreasing Long

7,585

1.2400 GBP

USD 0.10 ordinary

CFD

Decreasing Long

11,189

1.2401 GBP

USD 0.10 ordinary

CFD

Decreasing Long

2,436

1.2419 GBP

USD 0.10 ordinary

CFD

Opening Short

39,579

1.2459 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:

16 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213