4 Jul 2022 10:29
FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. | KEY INFORMATION | |||||||
(a) | Name of exempt principal trader: | BARCLAYS CAPITAL SECURITIES LTD | ||||||
(b) | Name of offeror/offeree in relation to whose | TULLOW OIL PLC | ||||||
relevant securities this form relates: | ||||||||
(c) | Name of the party to the offer with which exempt | Tullow Oil plc | ||||||
principal trader is connected | ||||||||
(d) | Date position held/dealing undertaken: | 01 July 2022 | ||||||
(e) | In addition to the company in 1(b) above, is the exempt principal | YES: |
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trader making disclosures in respect of any other party to the offer? | CAPRICORN ENERGY PLC | |||||||
2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | |||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | |||||||
| to which the disclosure relates following the dealing (if any) |
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Class of relevant security: | 10p ordinary | |||||||
Interests | Short Positions | |||||||
Number | (%) | Number | (%) | |||||
(1) | Relevant securities owned | |||||||
and/or controlled: | 3,655,317 | 0.25% | 15,417,409 | 1.07% | ||||
(2) | Cash-settled derivatives: | |||||||
14,157,289 | 0.98% | 3,157,643 | 0.22% | |||||
(3) | Stock-settled derivatives (including options) | |||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | ||||
TOTAL: | 17,812,606 | 1.24% | 18,575,052 | 1.29% | ||||
(b) | Rights to subscribe for new securities (including directors and other executive | |||||||
| options) |
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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 | Total number of | Highest price per unit | Lowest price per unit | |||
security | securities | paid/received | paid/received | ||||
10p ordinary | Purchase | 1,076,869 | 0.4552 GBP | 0.4322 GBP | |||
10p ordinary | Sale | 1,732,971 | 0.4566 GBP | 0.4336 GBP |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
10p ordinary | SWAP | Decreasing Long | 8,007 | 0.4357 GBP | |||
10p ordinary | SWAP | Decreasing Long | 39,942 | 0.4352 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,581 | 0.4457 GBP | |||
10p ordinary | CFD | Increasing Long | 15,544 | 0.4352 GBP | |||
10p ordinary | CFD | Increasing Long | 38,402 | 0.4352 GBP | |||
10p ordinary | SWAP | Increasing Long | 41,995 | 0.4451 GBP | |||
10p ordinary | CFD | Increasing Long | 55,000 | 0.4565 GBP | |||
10p ordinary | CFD | Increasing Long | 81,762 | 0.4481 GBP | |||
10p ordinary | SWAP | Increasing Long | 135,714 | 0.4419 GBP | |||
10p ordinary | SWAP | Increasing Long | 139,735 | 0.4388 GBP | |||
10p ordinary | SWAP | Increasing Long | 189,790 | 0.4551 GBP | |||
10p ordinary | SWAP | Increasing Long | 194,091 | 0.4411 GBP | |||
10p ordinary | CFD | Increasing Long | 216,023 | 0.4461 GBP | |||
10p ordinary | SWAP | Increasing Long | 232,005 | 0.4506 GBP | |||
10p ordinary | SWAP | Increasing Long | 287,836 | 0.4428 GBP | |||
10p ordinary | SWAP | Increasing Long | 358,867 | 0.4404 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,209 | 0.4531 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,623 | 0.4557 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,209 | 0.4531 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,511 | 0.4351 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,985 | 0.4521 GBP | |||
10p ordinary | SWAP | Increasing Short | 25,854 | 0.4438 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,942 | 0.4352 GBP | |||
10p ordinary | SWAP | Increasing Short | 108,737 | 0.4487 GBP | |||
10p ordinary | SWAP | Increasing Short | 144,426 | 0.4446 GBP |
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying |
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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 |
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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 |
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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 exempt principal trader 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 |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 4 Jul 2022 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |