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: |
07 September 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: |
2,774,565 |
0.19% |
8,542,745 |
0.59% |
|||
|
|
|
|
|
|
|
||
(2) |
Cash-settled derivatives: |
|
|
|
|
|||
|
|
|
6,855,879 |
0.48% |
769,147 |
0.05% |
||
|
|
|
|
|
|
|
||
(3) |
Stock-settled derivatives (including options) |
|
|
|
|
|||
|
and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
|||
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|||
|
TOTAL: |
9,630,444 |
0.67% |
9,311,892 |
0.65% |
|||
|
|
|
|
|
|
|
||
(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 |
502,369 |
0.4885 GBP |
0.4774 GBP |
|||
10p ordinary |
Sale |
607,636 |
0.4861 GBP |
0.4776 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 Short |
6,236 |
0.4823 GBP |
|||
10p ordinary |
SWAP |
Increasing Long |
5,000 |
0.4839 GBP |
|||
10p ordinary |
CFD |
Increasing Long |
18,155 |
0.4804 GBP |
|||
10p ordinary |
CFD |
Increasing Long |
32,923 |
0.4791 GBP |
|||
10p ordinary |
CFD |
Increasing Long |
35,939 |
0.4798 GBP |
|||
10p ordinary |
SWAP |
Increasing Long |
45,193 |
0.4795 GBP |
|||
10p ordinary |
SWAP |
Increasing Long |
49,884 |
0.4796 GBP |
|||
10p ordinary |
SWAP |
Increasing Long |
68,047 |
0.4792 GBP |
|||
10p ordinary |
CFD |
Increasing Long |
83,418 |
0.4792 GBP |
|||
10p ordinary |
SWAP |
Increasing Long |
139,613 |
0.4884 GBP |
|||
10p ordinary |
SWAP |
Increasing Long |
177,965 |
0.4820 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
54 |
0.4856 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
1,251 |
0.4873 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
2,200 |
0.4899 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
6,394 |
0.4800 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
7,554 |
0.4835 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
15,971 |
0.4774 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
54,342 |
0.4799 GBP |
|||
10p ordinary |
SWAP |
Opening Short |
68,047 |
0.4792 GBP |
|||
10p ordinary |
SWAP |
Opening Long |
12,672 |
0.4793 GBP |
|||
10p ordinary |
SWAP |
Opening Long |
57,211 |
0.4792 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: |
8 Sep 2022 |
|
|
|
|||
Contact name: |
Large Holdings Regulatory Operations |
||||||
Telephone number: |
020 3134 7213 |
|
|
|