EPT Disclosure

RNS Number : 3247J

Seymour Pierce Ltd

29 March 2010

 

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

WITH RECOGNISED INTERMEDIARY STATUS

DEALING IN A CLIENT-SERVING CAPACITY

(Rule 38.5(a) of the Takeover Code)

1.         KEY INFORMATION

Name of exempt principal trader	Seymour Pierce Limited
Company dealt in	Gulfsands Petroleum plc
Class of relevant security to which the dealings being disclosed relate (Note 1)	Ordinary 5.714p Shares
Date of dealing	26.03.10

2.         DEALINGS (Note 2)

(a)        Purchases and sales

Total number of securities purchased	Highest price paid (Note 3)	Lowest price paid (Note 3)
8,248	3.28780 GBP	3.21277 GBP

Total number of securities sold	Highest price received (Note 3)	Lowest price received (Note 3)
4,034	3.28300 GBP	3.28100 GBP

(b)        Derivatives transactions (other than options)

Product name, e.g. CFD	Long/short (Note 4)	Number of securities (Note 5)	Price per unit (Note 3)

(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying

Product name, e.g. call option	Writing, selling,  purchasing, varying etc.	Number of securities to which the option relates (Note 5)	Exercise price	Type, e.g. American, European etc.	Expiry date	Option money paid/received per unit (Note 3)

(ii)        Exercising

Product name, e.g. call option	Number of securities	Exercise price per unit (Note 3)

3.         OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.  If none, this should be stated.

Date of disclosure	29.03.10
Contact name	Caroline Woodyer
Telephone number	020 7107 8056
Name of offeree/offeror with which connected	Oil India Ltd and Indian Oil Corp Ltd
Nature of connection (Note 6)	Financial Adviser

Notes

The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

 

END

 

 

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