Company Announcements

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

Source: RNS
RNS Number : 5745R
Barclays PLC
06 July 2022
 

FORM 8.5 (EPT/NON-RI) Amendment to Sale

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:

24 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:

3,386,005

0.24%

14,788,137

1.03%

 








 

(2)

Cash-settled derivatives:





 




13,558,368

0.94%

2,711,751

0.19%

 








 

(3)

Stock-settled derivatives (including options)





 


and agreements to purchase/sell:

0

0.00%

0

0.00%

 








 







 


TOTAL:


16,944,373

1.18%

17,499,888

1.22%

 








 

(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

1,332,071

0.4836 GBP

0.4731 GBP

10p ordinary

Sale

1,425,263

0.4849 GBP

0.476 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

3,795

0.4769 GBP

10p ordinary

 SWAP

Decreasing Long

4,108

0.4836 GBP

10p ordinary

 SWAP

Decreasing Long

7,205

0.4834 GBP

10p ordinary

 CFD

Decreasing Long

25,000

0.4841 GBP

10p ordinary

 CFD

Decreasing Long

77,293

0.4826 GBP

10p ordinary

 CFD

Decreasing Long

110,638

0.4773 GBP

10p ordinary

 CFD

Decreasing Long

117,132

0.4774 GBP

10p ordinary

 SWAP

Decreasing Short

109,586

0.4801 GBP

10p ordinary

 SWAP

Decreasing Short

229,550

0.4774 GBP

10p ordinary

 SWAP

Increasing Long

166

0.4817 GBP

10p ordinary

 SWAP

Increasing Long

178

0.4798 GBP

10p ordinary

 SWAP

Increasing Long

337

0.4827 GBP

10p ordinary

 SWAP

Increasing Long

419

0.4810 GBP

10p ordinary

 SWAP

Increasing Long

999

0.4842 GBP

10p ordinary

 SWAP

Increasing Long

1,675

0.4772 GBP

10p ordinary

 SWAP

Increasing Long

2,343

0.4773 GBP

10p ordinary

 SWAP

Increasing Long

5,409

0.4849 GBP

10p ordinary

 SWAP

Increasing Long

33,264

0.4803 GBP

10p ordinary

 SWAP

Increasing Long

56,580

0.4797 GBP

10p ordinary

 SWAP

Increasing Long

58,449

0.4800 GBP

10p ordinary

 SWAP

Increasing Long

100,408

0.4787 GBP

10p ordinary

 SWAP

Increasing Long

109,586

0.4801 GBP

10p ordinary

 SWAP

Increasing Long

421,626

0.4774 GBP

10p ordinary

 SWAP

Increasing Short

2,024

0.4825 GBP

10p ordinary

 SWAP

Increasing Short

2,127

0.4823 GBP

10p ordinary

 SWAP

Increasing Short

5,000

0.4843 GBP

10p ordinary

 SWAP

Increasing Short

16,524

0.4845 GBP

10p ordinary

 SWAP

Increasing Short

30,702

0.4805 GBP

10p ordinary

 SWAP

Increasing Short

36,920

0.4802 GBP

10p ordinary

 SWAP

Increasing Short

37,327

0.4804 GBP

10p ordinary

 SWAP

Increasing Short

53,034

0.4806 GBP

10p ordinary

 SWAP

Increasing Short

421,626

0.4774 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:

6 Jul 2022




Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213



 

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