Asif Karim Form 8.3 - Ascent Resources plc (5340G)

TIDMAST

RNS Number : 5340G

Asif Karim

06 November 2018

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

   1.         KEY INFORMATION 
 
 (a) Full name of discloser:            Mr Asif Karim 
 (b) Owner or controller of 
  interests and short positions 
  disclosed, if different from 
  1(a): 
  The naming of nominee or vehicle 
  companies is insufficient. 
  For a trust, the trustee(s), 
  settlor and beneficiaries must 
  be named. 
                                       ----------------- 
 (c) Name of offeror/offeree            Ascent Resources 
  in relation to whose relevant          plc 
  securities this form relates: 
  Use a separate form for each 
  offeror/offeree 
                                       ----------------- 
 (d) If an exempt fund manager 
  connected with an offeror/offeree, 
  state this and specify identity 
  of offeror/offeree: 
                                       ----------------- 
 (e) Date position held/dealing         5 NOVEMBER 2018 
  undertaken: 
  For an opening position disclosure, 
  state the latest practicable 
  date prior to the disclosure 
                                       ----------------- 
 (f) In addition to the company 
  in 1(c) above, is the discloser         N/A 
  making disclosures in respect 
  of any other party to the offer? 
  If it is a cash offer or possible 
  cash offer, state "N/A" 
                                       ----------------- 
 
   2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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                       0.2p Ordinary 
  security: 
                                 Interests       Short positions 
                             ----------------  ------------------ 
                               Number     %        Number      % 
                             ---------         -------------  --- 
 (1) Relevant securities 
  owned and/or controlled:    41634425   1.83 
                             ---------  -----  -------------  --- 
 (2) Cash-settled 
  derivatives: 
                             ---------  -----  -------------  --- 
 (3) Stock-settled 
  derivatives (including 
  options) and agreements 
  to purchase/sell: 
                             ---------  -----  -------------  --- 
 
   TOTAL:                     41634425   1.83 
                             ---------  -----  -------------  --- 
 

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

   (b)        Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

   (a)        Purchases and sales 
 
    Class of      Purchase/sale     Number of    Price per 
    relevant                        securities      unit 
    security 
 0.2p Ordinary    PURCHASE         8942667       0.525 
                 ---------------  ------------  ---------- 
 
   (b)        Cash-settled derivative transactions 
 
    Class         Product            Nature of dealing             Number         Price 
  of relevant    description        e.g. opening/closing         of reference    per unit 
   security         e.g.                a long/short              securities 
                     CFD        position, increasing/reducing 
                                        a long/short 
                                          position 
 
 
   (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 securities     price       e.g.       date      money 
  relevant       e.g.         selling,        to which         per      American,              paid/ 
  security       call          varying         option         unit      European              received 
                option          etc.           relates                    etc.                  per 
                                                                                                unit 
 
 
   (ii)        Exercise 
 
 Class of      Product      Exercising/       Number       Exercise 
  relevant    description    exercised     of securities     price 
  security     e.g. call      against                       per unit 
                option 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of     Nature of dealing    Details    Price per 
  relevant    e.g. subscription,               unit (if 
  security        conversion                  applicable) 
 
 
   4.         OTHER INFORMATION 
   (a)        Indemnity and other dealing 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 person making the disclosure and any 
  party to the offer or any person acting in concert 
  with a party to the offer: 
  Irrevocable commitments and letters of intent should 
  not be included. If there are no such agreements, 
  arrangements or understandings, state "none" 
 
   None 
 
   (b)        Agreements, arrangements or understandings relating to options or derivatives 
 
 Details of any agreement, arrangement or understanding, 
  formal or informal, between the person 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 or future acquisition or 
  disposal of any relevant securities to which any 
  derivative is referenced: 
  If there are no such agreements, arrangements or 
  understandings, state "none" 
 
   None 
 
   (c)        Attachments 
 
 Is a Supplemental Form 8 (Open Positions)   NO 
  attached? 
 
 
 Date of disclosure:   6 NOVEMBER 2018 
 Contact name:         Mr Asif Karim 
                      ---------------- 
 Telephone number*: 
                      ---------------- 
 

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November 06, 2018 10:47 ET (15:47 GMT)