Form 8.5 (EPT/NON-RI) Tullow Oil plc

RNS Number : 3330O

Barclays PLC

09 June 2022

 

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

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:

08 June 2022

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:

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)

Class of relevant security:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

6,016,179

0.42%

9,392,822

0.65%

(2)

Cash-settled derivatives:

8,164,405

0.57%

5,272,852

0.37%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

14,180,584

0.99%

14,665,674

1.02%

(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		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
10p ordinary		Purchase		1,133,949		0.5640 GBP	0.5446 GBP
10p ordinary		Sale		1,995,971		0.5620 GBP	0.5383 GBP

(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Decreasing Long		24,042	0.5490 GBP
10p ordinary		CFD		Decreasing Long		92,166	0.5570 GBP
10p ordinary		SWAP		Decreasing Short		7,944	0.5516 GBP
10p ordinary		SWAP		Decreasing Short		17,809	0.5488 GBP
10p ordinary		SWAP		Decreasing Short		25,434	0.5506 GBP
10p ordinary		SWAP		Decreasing Short		28,000	0.5472 GBP
10p ordinary		SWAP		Decreasing Short		51,579	0.5640 GBP
10p ordinary		SWAP		Decreasing Short		75,024	0.5425 GBP
10p ordinary		SWAP		Decreasing Short		79,309	0.5518 GBP
10p ordinary		SWAP		Decreasing Short		83,000	0.5353 GBP
10p ordinary		SWAP		Decreasing Short		178,632	0.5525 GBP
10p ordinary		SWAP		Decreasing Short		197,551	0.5539 GBP
10p ordinary		SWAP		Decreasing Short		230,643	0.5504 GBP
10p ordinary		SWAP		Decreasing Short		310,376	0.5491 GBP
10p ordinary		SWAP		Decreasing Short		396,370	0.5531 GBP
10p ordinary		SWAP		Decreasing Short		446,662	0.5490 GBP
10p ordinary		SWAP		Decreasing Short		461,276	0.5482 GBP
10p ordinary		SWAP		Increasing Short		3,760	0.5520 GBP
10p ordinary		SWAP		Increasing Short		4,219	0.5525 GBP
10p ordinary		SWAP		Increasing Short		8,362	0.5639 GBP
10p ordinary		SWAP		Increasing Short		16,718	0.5458 GBP
10p ordinary		SWAP		Increasing Short		17,284	0.5537 GBP
10p ordinary		SWAP		Increasing Short		19,804	0.5523 GBP
10p ordinary		SWAP		Increasing Short		29,772	0.5537 GBP
10p ordinary		SWAP		Increasing Short		45,888	0.5521 GBP
10p ordinary		SWAP		Increasing Short		51,579	0.5640 GBP
10p ordinary		SWAP		Increasing Short		89,526	0.5492 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 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
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				9 Jun 2022
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END

 

 

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