REG - Barclays PLC Tullow Oil PLC - Form 8.5 (EPT/NON-RI) TULLOW OIL PLC

Tullow OilAnnouncement

22/09/2022 17:45

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RNS Number : 3697A  Barclays PLC  22 September 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:                                                    21 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:                                7,099,174           0.49%               8,588,741        0.60%

 (2)                Cash-settled derivatives:
                                                                      6,277,820           0.44%               5,417,878        0.38%

 (3)                Stock-settled derivatives (including options)
                    and agreements to purchase/sell:                  0                   0.00%               0                0.00%

                    TOTAL:                                            13,376,994          0.93%               14,006,619       0.97%

 (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                                     556,610                              0.4770 GBP              0.4688 GBP
 10p ordinary                                Sale                                         606,424                              0.4770 GBP              0.4707 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                      336                     0.4706 GBP
 10p ordinary                                 CFD                                         Decreasing Long                      746                     0.4742 GBP
 10p ordinary                                 CFD                                         Decreasing Long                      1,500                   0.4689 GBP
 10p ordinary                                 CFD                                         Decreasing Long                      1,500                   0.4730 GBP
 10p ordinary                                 CFD                                         Decreasing Long                      4,895                   0.4746 GBP
 10p ordinary                                 CFD                                         Decreasing Long                      14,373                  0.4745 GBP
 10p ordinary                                 CFD                                         Decreasing Long                      50,488                  0.4718 GBP
 10p ordinary                                 SWAP                                        Decreasing Short                     2,218                   0.4688 GBP
 10p ordinary                                 SWAP                                        Decreasing Short                     13,750                  0.4746 GBP
 10p ordinary                                 SWAP                                        Decreasing Short                     17,787                  0.4716 GBP
 10p ordinary                                 SWAP                                        Decreasing Short                     31,520                  0.4717 GBP
 10p ordinary                                 SWAP                                        Decreasing Short                     76,200                  0.4745 GBP
 10p ordinary                                 SWAP                                        Increasing Long                      1,360                   0.4708 GBP
 10p ordinary                                 SWAP                                        Increasing Long                      24,956                  0.4707 GBP
 10p ordinary                                 SWAP                                        Increasing Long                      28,684                  0.4747 GBP
 10p ordinary                                 SWAP                                        Increasing Short                     7,237                   0.4713 GBP
 10p ordinary                                 SWAP                                        Increasing Short                     15,029                  0.4733 GBP
 10p ordinary                                 SWAP                                        Increasing Short                     24,667                  0.4718 GBP
 10p ordinary                                 SWAP                                        Increasing Short                     37,131                  0.4735 GBP
 10p ordinary                                 SWAP                                        Increasing Short                     37,146                  0.4746 GBP
 10p ordinary                                 SWAP                                        Increasing Short                     40,201                  0.4739 GBP
 10p ordinary                                 SWAP                                        Increasing Short                     54,910                  0.4751 GBP
 10p ordinary                                 SWAP                                        Opening Short                        37,146                  0.4746 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:                                                                      22 Sep 2022
 Contact name:                                                                            Large Holdings Regulatory Operations
 Telephone number:                                                                        020 3134 7213

 

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