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

RNS Number : 9549P

Barclays PLC

23 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:

22 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:

2,839,097

0.20%

14,028,691

0.98%

(2)

Cash-settled derivatives:

12,946,955

0.90%

2,304,210

0.16%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

15,786,052

1.10%

16,332,901

1.14%

(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		820,699		0.5050 GBP	0.4822 GBP
10p ordinary		Sale		1,306,232		0.5050 GBP	0.4822 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		1,236	0.4876 GBP
10p ordinary		SWAP		Decreasing Long		2,988	0.4850 GBP
10p ordinary		SWAP		Decreasing Long		3,398	0.4862 GBP
10p ordinary		SWAP		Decreasing Long		7,814	0.4882 GBP
10p ordinary		SWAP		Decreasing Long		14,393	0.4937 GBP
10p ordinary		SWAP		Decreasing Long		70,363	0.4870 GBP
10p ordinary		SWAP		Decreasing Long		79,953	0.4917 GBP
10p ordinary		SWAP		Decreasing Long		236,422	0.4874 GBP
10p ordinary		SWAP		Decreasing Long		323,562	0.4897 GBP
10p ordinary		SWAP		Decreasing Long		396,689	0.4980 GBP
10p ordinary		SWAP		Decreasing Short		3,445	0.4980 GBP
10p ordinary		SWAP		Decreasing Short		14,115	0.4904 GBP
10p ordinary		SWAP		Decreasing Short		15,880	0.4871 GBP
10p ordinary		SWAP		Decreasing Short		18,640	0.4979 GBP
10p ordinary		SWAP		Decreasing Short		40,910	0.4911 GBP
10p ordinary		SWAP		Decreasing Short		132,790	0.4897 GBP
10p ordinary		SWAP		Decreasing Short		396,689	0.4980 GBP
10p ordinary		CFD		Increasing Long		3,011	0.4936 GBP
10p ordinary		CFD		Increasing Long		6,113	0.4872 GBP
10p ordinary		CFD		Increasing Long		10,000	0.4833 GBP
10p ordinary		CFD		Increasing Long		15,438	0.5050 GBP
10p ordinary		CFD		Increasing Long		15,609	0.4851 GBP
10p ordinary		SWAP		Increasing Long		18,640	0.4979 GBP
10p ordinary		CFD		Increasing Long		27,791	0.4878 GBP
10p ordinary		CFD		Increasing Long		50,000	0.4845 GBP
10p ordinary		CFD		Increasing Long		125,934	0.4979 GBP
10p ordinary		SWAP		Increasing Long		199,000	0.4872 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:				23 Jun 2022
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END

 

 

FEOPPUBUQUPPUBW